Blinkit’s loss jumps 16% to Rs 103 crore; revenue up 117% in Q3 FY25
By
Binu Mathew
Blinkit, the quick commerce business of Zomato, posted Rs 103 crore in adjusted EBITDA loss for the third quarter of the financial year 2024-25, growing by 15.7 per cent from Rs 89 crore loss during Q3 FY24. Q2 FY25 loss for the quick delivery company stood at Rs 8 crore. On the other hand, the revenue increased by 117 per cent to Rs 1,399 crore during Q3 from Rs 644 crore during the corresponding period in FY24.