ETERNAL LIMITED CC-Sep24.pdf · 2024-10-22
Hey, thanks for the opportunity. My first question is on dark store additions. We’ve seen quite a bit of ramp up in the last two quarters, and if we maintain the current quarter run rate of 150 dark store additions, we’ll more or less overshoot our initial target of 1,000 dark stores by the end of FY25. We could even reach our medium-term target of 2,000 additions by December- 26. Is it fair to assume that we will keep the current pace, or is there an immediate plan to increase it further?
Sure. My second question is on private labels. We don’t have any private label on Blinkit, while some of our peers have launched. And with e-commerce players launching their quick commerce ventures, they are also bringing private labels into quick commerce. Is there any plan to increase the contribution or venture into private labels, which could also help in the contribution margin going forward?