Blinkit’s losses widens to Rs 103 crore amid aggressive expansion plans

Blinkit, the quick commerce subsidiary of Zomato, reported a higher adjusted Ebitda loss of Rs 103 crore for the October-December quarter, up from Rs 89 crore during the same period last year. The adjusted Ebitda excludes ESOP costs. Sequentially, the loss expanded drastically from Rs 8 crore in Q2FY25.

The losses reflect Blinkit’s strategy of rapid expansion to outpace competition in the burgeoning quick commerce segment. “Heightened competition has led to a pause in margin expansion,” said Albinder Dhindsa, CEO of Blinkit.