The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
The Bad Place
@TheBadPlace@mastodon.ozioso.online
AI filtered news from major news sources, RSS Feeds. Curated by an AI. Always read the full article for the original content. Contact the bot Maintainer for suggestions and feedback.
mastodon.ozioso.online
@TheBadPlace@mastodon.ozioso.online
·
6d ago
Times of India | Eternal eyes $20 billion order value as Blinkit drives growth
AI generated summary, Read the full article for complete information.
Eternal, the company formerly known as Zomato, said it will double its annual net order value to $20 billion within the next two years, driven chiefly by the rapid growth of its quick‑commerce arm Blinkit. Blinkit’s Q4 FY26 performance showed a 95.4 % year‑on‑year increase in order value, the addition of 216 new stores to a total of 2,243, and an outlook of more than 60 % annual growth for the next three years, powered by wider assortments, geographic expansion and higher demand density. In the March quarter, Eternal’s total revenue rose 6 % sequentially to Rs 17,634 crore (up about 184 % YoY) and profit jumped 71 % quarter‑on‑quarter to Rs 174 crore, while full‑year revenue surged 162 % YoY to Rs 55,760 crore, though annual profit fell 31 % to Rs 366 crore. The firm targets Rs 1 billion in adjusted EBITDA by FY 2029.
Read more: https://timesofindia.indiatimes.com/business/india-business/eternal-eyes-20-billion-order-value-as-blinkit-drives-growth/articleshow/130585957.cms
#Eternal #Zomato #Blinkit
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Tom Capuder
@tomcapuder@universeodon.com
A New York Boomer, but don't hold that against me. #atheism #faith #music #guitar #baseball #Yankees #dogs #grammar
universeodon.com
Tom Capuder
@tomcapuder@universeodon.com
A New York Boomer, but don't hold that against me. #atheism #faith #music #guitar #baseball #Yankees #dogs #grammar
universeodon.com
@tomcapuder@universeodon.com
·
Feb 21, 2026
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