Blinkit’s Q3 Adjusted EBITDA Loss Surges To INR 103 Cr

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SUMMARY

Blinkit’s adjusted EBITDA loss surged about 8X QoQ from INR 8 Cr. It grew 15.7% from INR 89 Cr in Q3 FY24

Zomato CEO Deepinder Goyal attributed the rise in the adjusted EBITDA loss to upfront investments made by the quick commerce arm

Blinkit’s revenue jumped 120% to INR 1,399 Cr in Q3 FY25 from INR 644 Cr in the year-ago quarter

Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 8X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising…



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Blinkit’s Q3 Adjusted EBITDA Loss Surges To INR 103 Cr


SUMMARY

Blinkit’s adjusted EBITDA loss surged about 8X QoQ from INR 8 Cr. It grew 15.7% from INR 89 Cr in Q3 FY24

Zomato CEO Deepinder Goyal attributed the rise in the adjusted EBITDA loss to upfront investments made by the quick commerce arm

Blinkit’s revenue jumped 120% to INR 1,399 Cr in Q3 FY25 from INR 644 Cr in the year-ago quarter

Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 8X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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