Blinkit Posts 9X QoQ EBITDA Jump as Competition Spurs Profitability Shift in Q4

Margin nears guidance as “poor quality” growth pressures persist

Eternal’s quick commerce arm Blinkit delivered a dramatic sequential profitability leap in the March quarter, with adjusted EBITDA rising more than 9X to ₹37 crore. The surge came alongside fast scaling in order value and store expansion, even as the company warned that aggressive discounting is creating “poor-quality growth” and low-margin SKU dependence. Blinkit expects a stronger rebound in Q1 FY27.