Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscape

Eternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter was largely driven by seasonal factors. Eternal reported a nearly threefold increase in operating revenue for the June quarter to Rs 20,211 crore. Net profit rose fourfold year-on-year to Rs 92 crore but declined 47% from the preceding quarter.