Blinkit beats Zomato in NOV terms: 10 key takeaways from Eternal Q1 results

Reflecting explosive growth potential in the quick commerce business, Blinkit’s net order value (NOV) surpassed that of Zomato’s food delivery platform for the first time in Eternal’s history. In its Q1 results, Eternal reported Blinkit’s NOV grew 127% year-on-year (YoY) to Rs 9,203 crore, eclipsing Zomato’s Rs 8,967 crore.

While food delivery NOV growth slowed to 13% YoY from 14%, Blinkit posted 25% sequential growth. As a result, the stock ended over 5% higher at Rs 271.20 on the BSE.