Blinkit’s losses expand as quick commerce firm accelerates expansion
Blinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion efforts. Despite this, it achieved its target of operating 1,007 dark ...
Zomato’s Q3 net profit declines 57.2% to ₹59 crore
Food delivery major Zomato, which owns Blinkit, on Monday (January 20, 2025) reported a 57.2% decline in consolidated net ...
Blinkit signals costly battle ahead in Indian quick commerce market
Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
Zomato Q3 Results: Profit Down 66%, Misses Estimates | Zomato Share Price Tanks
Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at ...
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Zomato Q3’25: 58% YoY increase in revenue, accelerated investment for Blinkit as competition heats up
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
Zomato Q3 profit falls 57% as Blinkit expansion pressures margins
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...
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Blinkit’s Q3 Adjusted EBITDA Loss Surges To INR 103 Cr
Blinkit’s adjusted EBITDA loss surged about 8X to INR 103 Cr in Q3 FY25 from INR 8 Cr in the preceding quarter, amid rising ...
Zomato Q3 net profit falls 57% YoY to Rs 59 crore, stock crashes 7%
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...
Zomato Q3: Blinkit’s loss widens to Rs 103 crore as competition heats up; company says margin expansion paused
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...