Hyperpure Revenue Decline
Hyperpure's Q2FY26 revenue saw a 31% year-on-year and 55% quarter-on-quarter decline to Rs 1,023 crore.
This decline is attributed to Blinkit's shift to an inventory-led model, impacting its non-restaurant business.
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.
- Blinkit's transition to an inventory-led model is expected to reach 90% in the next quarter.
- 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.
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