Beat my expectations - standalone PAT Is 470 crs. I had predicted 1700 crs of annual PAT from the standalone biz for FY25. At this rate, food delivery is likely to cross 2k crs.
FY26 consol PAT in my view looks upward of 4k crs very easily as Blinkit would start scaling up by H2FY25 and showing up in bottomline.
Also broader trend seems to be worrying for Reliance Retail / Birla Retail etc… they’re taking share away from these stores for sure apart from kiranas (though Zomato would deny it for political correctness)
D - had exited but tracking since this trend has macro implications
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