One BLCK
Ask about this →0 mentions · last seen 6/5/2026
The Encyclopædia of Indian Retail — revised every hour
0 mentions · last seen 6/5/2026
Food delivery GOV grew 22.6% YoY to Rs 9,005 cr with Adj EBITDA margin at 3.3%, but order frequency slipped to 4.01/user/month. Instamart GOV jumped 68.8% to Rs 7,881 cr across 1,143 darkstores in 129 cities, contribution margin improved to -1.8%. Losses narrowed to Rs 800 cr; cash pile at Rs 15,053 cr after Rs 10,000 cr QIP.
MediaNama · 5/13/2026, 10:41:14 PM
Food Delivery adj EBITDA grew 40% YoY to ₹297 Cr on 23% revenue growth. Instamart GOV surged 69% to ₹7,881 Cr across 1,143 dark stores in 129 cities, but EBITDA losses widened to ₹858 Cr. FY26 loss widened 33% to ₹4,154 Cr even as revenue rose 51% to ₹23,053 Cr.
Inc42 · 5/13/2026, 8:36:02 PM