Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscape

Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food delivery remains the group's profit engine. Management also addressed mounting quick commerce competition, outlined Blinkit's return framework…

Eternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter was largely driven by seasonal factors. Eternal reported a nearly threefold increase in operating revenue for the June quarter to Rs 20,211…