Indian stock news
On July 4, 2026, Zomato Limited announced that its quick--commerce subsidiary, Blinkit, has achieved operational Ebitda--breakeven for the quarter ending June 30, 2026. This milestone was driven by a 30% increase in gross order value and improved logistical efficiencies across its supply chain. Furthermore, the company unveiled a strategic roadmap to expand its dark store network to 1,200 locations by the end of the calendar year, targeting high--density urban clusters. A company spokesperson stated that this achievement represents a "pivotal moment in the evolution of quick--commerce in India," signaling a transition toward sustained profitability and accelerated growth in the hyper--local delivery segment.