Blinkit results by quarter

Updated October 2026. Latest quarter: Q2 FY27 (Jul–Sep 2026)

In July–September 2026 (Q2 FY27) Blinkit’s net order value was ₹20,940 crore, up 79.3% year on year, and revenue was ₹19,152 crore, up about 94%. Adjusted EBITDA rose to ₹184 crore, about 0.9% of NOV, from ₹102 crore in April–June. It is Blinkit’s fourth profitable quarter in a row on that measure. Blinkit added 308 stores in the quarter to reach 2,751.

Eternal Ltd, listed on NSE and BSE. Eternal stopped disclosing gross order value (GOV) after the January–March 2025 quarter. From April–June 2025 it gives net order value (NOV): GOV minus discounts. It told investors not to treat GOV as a proxy for growth. Revenue also jumped from July–September 2025 because Blinkit began selling some of its own inventory, so revenue now includes the full value of those goods.

Blinkit results quarter by quarter

Quarter	Order value (₹ cr)	Revenue (₹ cr)	Adjusted EBITDA (₹ cr)	Stores (end)	Orders	Published
Q4 FY25 Jan–Mar 2025	9,421 (GOV) Last quarter given as GOV	1,709	−178	1,301	Not shared	May 2025
Q1 FY26 Apr–Jun 2025	about 9,200 (NOV) Orders × net AOV	2,400	about −162 −1.8% of NOV; derived from FY26 total	1,544	176.7 million	21 Jul 2025
Q2 FY26 Jul–Sep 2025	about 11,700 (NOV) From +27% QoQ growth	9,891 First quarter with inventory-led sales	−156	1,816	Not shared	16 Oct 2025
Q3 FY26 Oct–Dec 2025	about 13,300 (NOV) From +14% QoQ growth	12,256	+4	2,027	Not shared	21 Jan 2026
Q4 FY26 Jan–Mar 2026	14,386 (NOV)	13,232	+37	2,243	273.9 million	28 Apr 2026
Q1 FY27 Apr–Jun 2026	17,132 (NOV)	15,664	+102	2,443	331 million	22 Jul 2026
Q2 FY27 Jul–Sep 2026	20,940 (NOV)	19,152	+184	2,751	Not shared	21 Oct 2026

“About” marks a figure worked out from the company’s own numbers, not one it published. “Not shared” means the company has not published the figure. Revenue and EBITDA are in ₹ crore. Check the company’s own results before making any money decision.

How to read Blinkit’s numbers

Net order value (NOV) is what customers paid for their orders after discounts. It is the best single measure of how much Blinkit sells. Revenue sits close to NOV now because Blinkit books the full price of goods it sells from its own stock, not just a commission.

Adjusted EBITDA is Blinkit’s operating profit before interest, tax, depreciation and share-based pay. A positive figure means the stores, delivery and marketing pay for themselves. It is not net profit. Eternal reports net profit only for the whole group, which also includes Zomato food delivery and Hyperpure, so the group profit is not Blinkit’s profit.

Blinkit stores added each quarter

Quarter	Stores at quarter end	Added in the quarter
Q4 FY25 (Jan–Mar 2025)	1,301	First figure
Q1 FY26 (Apr–Jun 2025)	1,544	+243
Q2 FY26 (Jul–Sep 2025)	1,816	+272
Q3 FY26 (Oct–Dec 2025)	2,027	+211
Q4 FY26 (Jan–Mar 2026)	2,243	+216
Q1 FY27 (Apr–Jun 2026)	2,443	+200
Q2 FY27 (Jul–Sep 2026)	2,751	+308

Worked out from the company’s own end-of-quarter store counts. In Oct 2026 the app showed 2,621 open Blinkit stores.

What changed in Blinkit’s business

Faster store openings: Blinkit added 308 stores in July–September 2026, more than in any other quarter in the table. It had added between 200 and 272 a quarter over the five quarters before.
GOV to NOV: in July 2025 Eternal said NOV would be the only order metric it disclosed from then on. The last Blinkit GOV figure is ₹9,421 crore for January–March 2025.
Inventory model: from July–September 2025 Blinkit sells part of its range from its own inventory, so revenue rose about fourfold in one quarter. Revenue before and after is not comparable.
Store economics: in July 2026 Eternal raised its steady-state capex per store, including warehousing, to ₹2.5 crore from ₹1 crore, and its steady-state NOV per store per day to ₹11 lakh from ₹7 lakh.
Guidance: steady-state adjusted EBITDA margin of 5–6% of NOV, with Delhi NCR close to that level, given with the January–March 2026 results.

Blinkit full-year, order size and city figures

FY26 revenue	₹37,779 crore (quick-commerce segment)
FY26 adjusted EBITDA	−₹277 crore
Net average order value	₹521 (Q1 FY26), ₹525 (Q4 FY26), ₹518 (Q1 FY27)
Inventory losses, Q1 FY27	1.8% of NOV, about ₹308 crore
Cities	180+ (Aug 2026); 153 in Mar 2025

When Blinkit will announce its next results

Eternal published its July–September 2026 results on 21 October 2026. Listed companies must publish quarterly results within 45 days of the quarter end, so October–December 2026 figures are due by 14 February 2027. Eternal published the same quarter on 21 January in 2026.

The quarterly results of Blinkit, Instamart and Zepto set these numbers beside Instamart results and Zepto results. Blinkit’s stores by city show where it delivers today.

Frequently asked questions about Blinkit’s results

Is Blinkit profitable?

On an adjusted EBITDA basis, yes. Blinkit has been positive since October–December 2025 (₹4 crore), with ₹37 crore in January–March 2026, ₹102 crore in April–June 2026 and ₹184 crore in July–September 2026. Adjusted EBITDA excludes some costs such as share-based pay, so it is not the same as net profit.

How many dark stores does Blinkit have?

2,751 at the end of Jul–Sep 2026, by the company’s own figure. In Oct 2026 the app showed 2,621 open stores. The two differ because they are taken on different dates and counted in different ways.

What is Blinkit’s revenue?

Blinkit’s revenue was ₹19,152 crore in July–September 2026, up about 94% on a year earlier. For the full year FY26 (April 2025 to March 2026) it was ₹37,779 crore.