A naukri.com initiative
Economic Times
3w
433
Image Credit: Economic Times
Blinkit unit economics hit in July-September on back of investment ramp up
- Zomato-owned Blinkit reported an adjusted Ebitda loss of Rs 8 crore in Q2FY25.
- The company cited heavy investments in infrastructure expansion as the reason for deteriorating margins.
- Blinkit added 152 net new stores and seven warehouses in the same quarter.
- The company plans to have 1,000 dark stores by the end of this fiscal and 2,000 dark stores by the end of 2026.
Read Full Article
26 Likes
For uninterrupted reading, download the app