Blinkit’s estimated quarterly inventory losses were nearly 3× adjusted EBITDA

Blinkit’s spoilage, damage, transit-loss and theft costs were estimated at about ₹308 crore in the latest quarter, versus ₹102 crore in adjusted EBITDA. The loss burden, concentrated in fresh produce, highlights the margin risk accompanying rapid dark-store expansion.

— Filed Wed, 22 Jul, 2026, 16:53 IST · Source Entrackr · Updated

Blinkit’s estimated Rs 308 crore quarterly spoilage, damage, transit-loss and theft costs—mainly in fresh produce—were nearly three times its Rs 102 crore adjusted EBITDA. The inventory-led model boosted reported revenue but increased stock risk as store setup costs rose.

Why this matters

The estimated loss burden follows Blinkit’s reported ₹102 crore Q1 adjusted EBITDA and 200 dark-store additions, as Amazon Now and Flipkart Minutes widen quick-commerce competition.

Retail-company signals are accelerating, up +1004300% QoQ.

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