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Eternal Ltd. has announced that Blinkit has surpassed food delivery in Net Order Value for the first time in Q1 FY26, marking a pivotal shift in the company's B2C operations. Discover how quick ...
Much of Blinkit's business comes from its top 20 cities, Eternal (formerly Zomato) officials explained during its Q1FY26 earnings call.
In the late 1960s, Sanjeev Kumar was a struggling actor grappling with self-doubt and uncertainty. His breakthrough came with Sunghursh (1968) but behind that big break was an unlikely hero, his ...
Discussing its quick-commerce segment, Blinkit’s CEO Albinder Dhindsa mentioned that they opened 243 new stores this quarter, raising their total store count to 1,544 by the end of the quarter.
Quick commerce now accounts for nearly half of Eternal’s annualised net order value (NOV), with Blinkit surpassing food delivery on key metrics.
A: Albinder Dhindsa, CEO of Blinkit, explained that same-store sales growth isn't a primary metric due to dynamic changes in store catchment areas. Most growth is from existing polygons, with less ...
Eternal Ltd (BOM:543320) reports robust performance in mature markets and plans strategic inventory shifts to enhance margins, despite facing competitive challenges.
Blinkit recorded a massive 127% YoY growth, surpassing the Zomato food delivery sector's net order value in the process.
Blinkit overtakes Zomato in net order value for the first time in Q1FY26, driving Eternal’s revenue growth despite a 90% profit drop. Strong store expansion, improved margins, and quick commerce ...
Albinder Dhindsa, Founder & CEO, Blinkit said they are seeing enough room for store growth in all cities.
The margins improved from -2.4 per cent of NOV in Q4FY25 to -1.8 per cent despite continued investments in new store roll-outs and seasonal factors,” added Albinder Dhindsa, Founder & CEO, Blinkit.
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