Zomato’s Blinkit turns adjusted EBITDA positive, aims 1,000 stores in FY25

New Delhi, May 13 (IANS) Zomato on Monday said that its quick commerce business Blinkit turned adjusted EBITDA positive in March, as the online food delivery platform clocked Rs 194 crore in adjusted EBITDA for the January-March quarter of FY24.

The consolidated adjusted EBITDA improved by Rs 369 crore as compared to the same quarter last year.

The adjusted revenue was Rs 3,873 crore, a 61 per cent growth (year-on-year) for the quarter, as food gross order delivery (GOV) grew 28 per cent (on-year), the company said in a statement.