Blinkit Q1: Revenue Jumps 22% QoQ To INR 942 Cr, Adjusted EBITDA Loss At INR 3 Cr

• Blinkit posted a revenue of INR 942 Cr in Q1 FY25, up 145% from INR 384 Cr reported in the year-ago period.
• The quick commerce vertical’s adjusted EBITDA loss further improved to 3 Cr in Q1 FY25 from INR 133 Cr in Q1 FY24 and INR 37 Cr in Q4 FY24.
• Blinkit’s gross order value (GOV) surged 130% to INR 4,923 Cr in Q1 FY25 from INR 2,140 Cr in the corresponding quarter last year.
• Zomato’s quick commerce vertical Blinkit posted a revenue of INR 942 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25), up 145% from INR 384 Cr reported in the year-ago period.
• On a quarter-on-quarter (QoQ) basis, Blinkit’s revenue jumped 22.4% from INR 769 Cr reported in Q4 FY24.

Source: Inc42