Hyperpure Revenue Falls 31% as Blinkit Shifts to Own Inventory
Hyperpure's Q2FY26 revenue dropped 31% due to Blinkit's transition to an inventory-led model, affecting its non-restaurant business.
The business-to-business grocery supply arm of Zomato parent Eternal saw a 31% year-on-year and 55% quarter-on-quarter decline in revenue to Rs 1,023 crore in Q2FY26.
Akshant Goyal, Chief Financial Officer 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.
Goyal expects this number to reach 90% in the next quarter, as they have transitioned most of the business to an own-inventory model.
- 31% year-on-year decline in revenue
- 55% quarter-on-quarter decline in revenue
- 80% of net order value on own inventory in Q2FY26
- Expected to reach 90% in the next quarter
Author's summary: Hyperpure's revenue declined due to Blinkit's shift to inventory-led model.