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

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…