1/5/2025, 9:03:02 pm

Eternal's focus on market share over near-term profit: CFO Akshant Goyal

Eternal, parent of Blinkit and Zomato, will aggressively expand its quick commerce market share in India despite short-term profitability trade-offs, said CFO Akshant Goyal. Blinkit reported a 381% YoY rise in EBITDA loss of Rs 178 crore in Q4FY25 due to marketing and store expansion. Revenue jumped 122% YoY to Rs 1,709 crore, with GMV reaching Rs 9,421 crore.