Blinkit Reports Rs 102 Crore Operating Profit in Q1, Citing Seasonal Growth

Summary

Blinkit reported an operating profit of Rs 102 crore in Q1, with its founder Albinder Dhindsa noting that seasonal factors largely drove the company's NOV growth. Eternal, Blinkit's parent company, saw a nearly threefold increase in operating revenue to Rs 20,211 crore and a fourfold rise in net profit year-on-year.