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Q2FY25 Results: Robust Growth and Strategic Initiatives
- Gross Order Value (GOV) across B2C businesses grew by 55% YoY and 14% QoQ, totaling INR 17,670 crore.
- B2B business, Hyperpure, registered a 98% YoY revenue growth and 22% QoQ growth.
- Adjusted EBITDA increased by INR 289 crore YoY, reaching INR 330 crore in Q2FY25.
- Store count of Blinkit nearly doubled in the past year.
- Company's cash balance decreased by INR 1,726 crore due to the acquisition cost of INR 2,014 crore for Paytm’s entertainment ticketing business.
Source: Zomato
1mo ago
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