Blinkit’s Q3 Adjusted EBITDA Loss Surges To INR 103 Cr

Blinkit’s adjusted EBITDA loss surged about 8X QoQ from INR 8 Cr. It grew 15.7% from INR 89 Cr in Q3 FY24

Zomato CEO Deepinder Goyal attributed the rise in the adjusted EBITDA loss to upfront investments made by the quick commerce arm

Blinkit’s revenue jumped 120% to INR 1,399 Cr in Q3 FY25 from INR 644 Cr in the year-ago quarter

Zomato’s quick commerce arm Blinkit’s adjusted EBITDA loss surged about 8X to INR 103 Cr in the third quarter of FY25 (Q3 FY25) from INR 8 Cr in the preceding quarter, amid rising…