Hyperpure Revenue Decline
Hyperpure's revenue fell by 31% as Blinkit shifted to an inventory-led model, impacting its non-restaurant business.
In Q2FY26, Hyperpure's revenue declined by 31% year-on-year and 55% quarter-on-quarter to Rs 1,023 crore.
Akshant Goyal, CFO of Eternal, stated that Blinkit has nearly completed the shift to inventory ownership, with 80% of net order value in quick commerce on its own inventory in Q2FY26.
- 80% of net order value in quick commerce is on Blinkit's own inventory in Q2FY26.
- Expected to reach 90% in the next quarter.
Akshant Goyal noted that most of the business has transitioned to an own-inventory model, except for a few categories.
Author's summary: Hyperpure's revenue drops 31% due to Blinkit's shift to inventory-led model.
More News
- YOUR SUNDAY READING LIST: Emergency Nudity, ICE on Parade, and Portland's Hero Frogs
- How to teach Dragon Ascent to Rayquaza - Pokémon Go? - TechStory
- Keanu Reeves Just Responded to Those Alexandra Grant Marriage Rumors
- ‘SNL’ recap: Best moments from Sabrina Carpenter hosting ‘Saturday Night Live’
- Ashton Jeanty Has Made Franchise History