CosmicTaco

Blinkit Q1: Revenue Jumps 22% QoQ To INR 942 Cr, Adjusted EBITDA Loss At INR 3 Cr

CosmicTaco · 2024-08-01T16:05:07.296375+05:30

- Blinkit posted a revenue of INR 942 Cr in Q1 FY25, up 145% from INR 384 Cr reported in the year-ago period. - The quick commerce vertical’s adjusted EBITDA loss further improved to 3 Cr in Q1 FY25 from INR 133 Cr in Q1 FY24 and INR 37 Cr in Q4 FY24. - Blinkit’s gross order value (GOV) surged 130% to INR 4,923 Cr in Q1 FY25 from INR 2,140 Cr in the corresponding quarter last year. - Zomato’s quick commerce vertical Blinkit posted a revenue of INR 942 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25), up 145% from INR 384 Cr reported in the year-ago period. - On a quarter-on-quarter (QoQ) basis, Blinkit’s revenue jumped 22.4% from INR 769 Cr reported in Q4 FY24. Source: Inc42

Blinkit posted a revenue of INR 942 Cr in Q1 FY25, up 145% from INR 384 Cr reported in the year-ago period.
The quick commerce vertical’s adjusted EBITDA loss further improved to 3 Cr in Q1 FY25 from INR 133 Cr in Q1 FY24 and INR 37 Cr in Q4 FY24.
Blinkit’s gross order value (GOV) surged 130% to INR 4,923 Cr in Q1 FY25 from INR 2,140 Cr in the corresponding quarter last year.
Zomato’s quick commerce vertical Blinkit posted a revenue of INR 942 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25), up 145% from INR 384 Cr reported in the year-ago period.
On a quarter-on-quarter (QoQ) basis, Blinkit’s revenue jumped 22.4% from INR 769 Cr reported in Q4 FY24.

Source: Inc42

11mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

DerpyMuffin

Quizizz11mo

This Zomato stock load up on 25th Jan was a gamechanger for me

SleepyBurrito

Stealth11mo

https://x.com/anuragsingh_as/status/1818997506140717058

No comments

Discover more

Curated from across

News Discussion12mo

by CosmicTacoGrapevine

The Morning Vine 🍇

Good morning! Too much has happened in the last 24 hours, we’re going double the size of our 5 news a day quota - here we go:

𝐈𝐧𝐝𝐢𝐚 𝐓𝐞𝐜𝐡 🇮🇳

𝟏. 𝐆𝐫𝐨𝐰𝐰’𝐬 𝐀𝐜𝐭𝐢𝐯𝐞 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐁𝐚𝐬𝐞 𝐂𝐥𝐢𝐦𝐛𝐬 𝐎𝐯𝐞𝐫 �...

Top comment

Whoever is curating this, kudos. Job well done!

News Discussion11mo

by CosmicTacoGrapevine

Zomato Founder-CEO Deepinder Goyal Joins Billionaire Club

Deepinder Goyal has become a billionaire following a record rally in Zomato shares, which have surged over 300% since July 2023.
Zomato's stock hit a new high of Rs230 on the BSE, boosting its market cap past Rs1.8 trillion and maki...

Top comments

One founder who truly inspires me! - Founded Zomato in 2008 and was doing a completely different thing - First bu...

Finally the ₹6 platform fee has done the job at last. Hopefully he'll be a trillionaire by the time we are paying ₹20...

News Discussion8mo

by CosmicTacoGrapevine

Q2FY25 Results: Robust Growth and Strategic Initiatives

Gross Order Value (GOV) across B2C businesses grew by 55% YoY and 14% QoQ, totaling INR 17,670 crore.
B2B business, Hyperpure, registered a 98% YoY revenue growth and 22% QoQ growth.
Adjusted EBITDA increased by INR 289 crore Y...

News Discussion11mo

by CosmicTacoGrapevine

Blinkit’s Growth Impacts Modern Retail and E-commerce, Not Kiranas

Blinkit has expanded at the expense of modern retail stores and e-commerce platforms, not traditional kirana shops, according to CEO Albinder Dhindsa.
Quick commerce has shifted non-grocery use cases from e-commerce to faster deliver...

9 minute ⏱
AI Interviews

Ask a question on Grapevine.

Get the app on Android or iOS.

Privacy Terms

Guidelines Help

Blinkit Q1: Revenue Jumps 22% QoQ To INR 942 Cr, Adjusted EBITDA Loss At INR 3 Cr

Talking product sense with Ridhi

The Morning Vine 🍇

Zomato Founder-CEO Deepinder Goyal Joins Billionaire Club

Q2FY25 Results: Robust Growth and Strategic Initiatives

Blinkit’s Growth Impacts Modern Retail and E-commerce, Not Kiranas

9 minute ⏱AI Interviews

9 minute ⏱
AI Interviews