Zomato Q4FY24 results: Blinkit nearly triples its revenue; plans to ...
May 13, 2024 · New Delhi: Zomato-owned Blinkit has almost tripled its revenue in the last financial year, according to the company’s financial results posted on Monday. As per the regulatory filing, Blinkit’s revenue from operations for the financial year that ended March 31, 2024, stood at Rs 2,301 crore against Rs 806 crore in the last fiscal.
Quarterly Results: Zomato’s Blinkit Targets 2,000 Stores by Dec …
Jan 21, 2025 · As Zomato’s quick commerce arm Blinkit focuses on achieving its target of 2,000 stores by December 2025, instead of December 2026, only the top 50 stores as of the third quarter of the financial year 2025 (Q3FY25) registered a contribution margin (CM) of 6.4% to the gross order value (GOV).
Zomato Q4 Results: Blinkit turns EBIT positive; Other income aids ...
May 13, 2024 · Zomato Ltd., the food delivery aggregator told exchanges that its Quick Commerce business, Blinkit, turned profitable on an Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) basis in the month of March 2024. Revenue for Blinkit also more than doubled year-on-year to ₹769 crore.
Zomato Q3 FY25 results: Net profit falls 57% to Rs 59 crore, …
Jan 20, 2025 · This drop in profit has been attributed to rising expenses linked to the expansion of its quick commerce platform, Blinkit. Despite the profit slump, the food delivery giant saw its revenue grow significantly. Zomato's revenue surged 64.9 per cent to Rs 5,405 crore in the October-December quarter ...
Blinkit Targets 2,000 Stores by Dec 2025 Amid Rising Losses
Jan 21, 2025 · Quarterly Results: Zomato’s Blinkit Targets 2,000 Stores by Dec 2025 Amid Rising Losses. Ishika Gupta on January 21, 2025 January 21, 2025 4 minute read. 4 minute read. Explainer
Blinkit’s loss jumps 16% to Rs 103 crore; revenue up 117% in Q3 …
Jan 20, 2025 · Blinkit, the quick commerce business of Zomato, posted Rs 103 crore in adjusted EBITDA loss for the third quarter of the financial year 2024-25, growing by 15.7 per cent from Rs 89 crore loss...
Zomato Q3 Results: Net profit more than halves, Blinkit remains …
Jan 20, 2025 · For Blinkit, which is Zomato's Quick Commerce business, revenue went up by 117% from last year and also increased by 21% when compared to the September quarter. However, on an EBITDA basis, Blinkit was back in the red, reporting an EBITDA loss of ₹30 crore, in comparison to a positive EBITDA of ₹48 crore from the same quarter last year.
Zomato Q3 Results: Blinkit will remain loss-making for the
Jan 20, 2025 · Zomato's quick commerce business, Blinkit, was back in the red on an Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) basis during the December quarter. Blinkit reported an EBITDA loss of ₹30 crore, compared to a positive EBITDA of ₹48 crore during the same quarter last year.
Blinkit Clocks INR 769 Cr Revenue In Q4 FY24, Loss Narrows To …
May 13, 2024 · Blinkit clocked revenue of INR 769 Cr in Q4 FY24 as against INR 363 Cr in the year-ago quarter and INR 644 Cr in Q3 FY24. The quick commerce vertical’s adjusted EBITDA loss further improved...
Quarterly 2025 Results Zomato - blog.dhan.co
Zomato’s Q3 FY25 results reflect strong revenue growth fueled by seasonal demand, but rising costs and competitive pressures have impacted profitability. While the company continues to expand its operations, particularly with Blinkit, the increasing expenses have weighed on margins.