5 Key Highlights From Blinkit's FY24 Performance

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Revenue Milestone

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EBITDA Positive

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Impressive Growth

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Increased Revenue Share

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Expansion

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Improved Unit Economics

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Key Market

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Blinkit Clocks INR 769 Cr Revenue In Q4 FY24, Loss Narrows To INR 37 Cr

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5 Key Highlights From Blinkit's FY24 Performance

Revenue Milestone

Blinkit reported a total revenue exceeding INR 2,300 Cr for FY24.

EBITDA Positive

The company turned adjusted EBITDA positive in March 2024.

Impressive Growth

Standalone revenue soared 186% YoY, outpacing the food delivery segment's 40% growth.

Increased Revenue Share

Blinkit’s share of Zomato’s total revenue grew from 11% in FY23 to nearly 20% in FY24.

Expansion

Added 75 new stores in Q4FY24, totaling 526 stores.

Improved Unit Economics

Introduction of an INR 2 handling fee per order boosted bottom-line performance.

Key Market

Delhi NCR remains the largest contributor to Blinkit's GOV and revenue.

Blinkit Clocks INR 769 Cr Revenue In Q4 FY24, Loss Narrows To INR 37 Cr