Blinkit's Q1 Adjusted EBITDA Surges to ₹102 Cr; 'Others' Segment Losses Widen
Blinkit’s adjusted EBITDA rose to ₹102 Cr in Q1 FY27, a significant increase from ₹37 Cr in the previous quarter, driven by strong revenue growth. The company also expanded its store network.
Blinkit, the quick commerce arm of Eternal, reported a surge in its adjusted EBITDA to ₹102 crore for the first quarter of fiscal year 2027. This marks a substantial turnaround from ₹37 crore in the preceding March quarter, fueled by robust revenue expansion.
The segment's adjusted revenue reached ₹15,664 crore during the reported quarter, an 18.4% increase from ₹13,232 crore in Q4 FY26. This growth was supported by the company's continued expansion of its dark store network.
Blinkit added 200 net new stores in Q1 FY27, bringing its total store count across the country to 2,443. This physical expansion is a key factor in the revenue growth.
Meanwhile, the adjusted EBITDA loss in Eternal's 'Others' segment, which encompasses its AI platform Nugget and bistro service, widened to ₹94 crore from ₹45 crore a year earlier. The company attributed this increased loss to research and development investments for its Nugget AI platform.