Eternal Q2 Net Profit Jumps 92.3% to Rs 125 Crore as Blinkit Revenue Climbs 93.6%

Eternal reported a 92.3% year-on-year rise in consolidated net profit to Rs 125 crore for the second quarter of FY27, against Rs 65 crore a year earlier, while revenue grew 77.6% to Rs 24,138 crore. NDTV Profit reported that profit missed the Rs 304 crore estimate even as revenue beat the Rs 23,447 crore estimate.

Eternal's Q2 Profit and Blinkit Growth

Eternal is the Indian holding company behind Zomato food delivery, Blinkit quick commerce, District going-out experiences and Hyperpure B2B supply, serving 109 million consumers and more than 100,000 restaurant partners across India, according to company records.

Blinkit remained the largest revenue contributor, with segment revenue rising 93.6% to Rs 19,152 crore. India food ordering and delivery revenue increased 36.7% to Rs 3,396 crore, Hyperpure reported revenue of Rs 1,154 crore, and the going-out business recorded Rs 304 crore.

Eternal's food delivery gross order value grew 22% year-on-year in the quarter, ahead of Swiggy's 18% growth, while monthly transacting users rose 16% and food delivery net order value rose 21%. Blinkit recorded 79% growth in net order value, its dark store network expanded to 2,751 outlets, its take rate improved to 27.5%, and mature cities reported adjusted EBITDA margins of over 5%.

Eternal plans to increase Blinkit's store count to more than 3,500 by March 2027 and around 5,000 by March 2028. CFO Akshant Goyal said the expansion would be funded through cash balances and profits from its food delivery and quick commerce businesses.

Hyperpure turned adjusted EBITDA positive at Rs 10 crore, compared with a loss of Rs 5 crore a year ago. District recorded 58% growth in net order value and is expected to break even within four to six quarters.

Eternal's Leadership and Funding Record

Eternal appointed Albinder Dhindsa as Group CEO, succeeding founder Deepinder Goyal, who transitioned to Vice Chairman, according to akta.pro company records. The same records show Eternal raised approximately Rs 8,500 crore through a Qualified Institutions Placement in November 2024, predominantly from domestic mutual funds, shifting ownership majority to Indian investors.

Eternal's Earlier Moves This Quarter

On October 26, 2026, Eternal reported consolidated net profit of Rs 125 crore for the quarter, nearly double the Rs 65 crore a year earlier, with adjusted revenue of Rs 24,621 crore beating Bloomberg's Rs 23,448 crore estimate, Business & Financial reported. On November 2, 2026, Mint reported that Eternal SBI launched its first phase of 5,000 Eternal SBI credit cards with contactless payments, offering up to Rs 3,500 monthly cashback. On November 5, 2026, Business Standard reported that Eternal's food delivery business is valued at 40x adjusted EBITDA with a price target of Rs 430.

Eternal's Store Expansion Targets

Eternal plans to increase Blinkit's store count to more than 3,500 by March 2027 and around 5,000 by March 2028, and expects District to break even within four to six quarters.