Blinkit’s losses widens to Rs 103 crore amid aggressive expansion plans
- Posted on January 20, 2025
- By Financial Express
- 2 Views
Blinkit’s losses widens to Rs 103 crore amid aggressive expansion plans
The company’s contribution margin declined from 3.8% in Q2FY25 to 3% in Q3FY25, largely due to the underperformance of newer stores, which reported margins of -8.5%.