“Will grow Blinkit’s market share aggressively”: Eternal CFO Akshant Goyal

May 1, 2025

, By The Economic Times

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Quick commerce platform Blinkit continued to weigh on parent company Eternal’s profitability in the January–March quarter, as it ramped up its dark store network. Eternal CFO Akshant Goyal, however, underscored that the company will aggressively pursue market share gains for Blinkit, even if it comes at the cost of short-term profitability.

For Q4FY24, Blinkit reported adjusted Ebitda losses of Rs 178 crore, widening from Rs 103 crore in the previous quarter (Q3FY24). However, the platform’s gross order value (GOV) grew 21% sequentially to Rs…

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“Will grow Blinkit’s market share aggressively”: Eternal CFO Akshant Goyal

May 1, 2025

, Published By The Economic Times

Quick commerce platform Blinkit continued to weigh on parent company Eternal’s profitability in the January–March quarter, as it ramped up its dark store network. Eternal CFO Akshant Goyal, however, underscored that the company will aggressively pursue market share gains for Blinkit, even if it comes at the cost of short-term profitability.

For Q4FY24, Blinkit reported adjusted Ebitda losses of Rs 178 crore, widening from Rs 103 crore in the previous quarter (Q3FY24). However, the platform’s gross order value (GOV) grew 21% sequentially to Rs…

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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Previous News

Apple warns iPhone users in 100 countries that they are victims of spyware

Next News

Pentagon’s AI metals program goes private in bid to boost Western supply deals

The Economic Times

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