Eternal, which owns Zomato and Blinkit, reported a net profit of ₹125 crore for July to September, up 92% from ₹65 crore a year earlier. Revenue rose 78% to ₹24,138 crore.
Blinkit is now the bigger business
Blinkit’s net order value grew 79% to ₹20,940 crore. Zomato’s food delivery order value grew 21.5% to ₹11,445 crore.
Blinkit added 308 stores in the quarter, taking its total to 2,751, and its adjusted EBITDA rose to ₹184 crore from ₹102 crore in the June quarter. Food delivery earned ₹627 crore on the same measure.
