Eternal Q2 Profit Jumps 92% To ₹125 Crore As Revenue Climbs 78%

Eternal, the parent company of Zomato and Blinkit, reported a 92% year-on-year increase in consolidated net profit to ₹125 crore for the quarter ended September 30, 2026, compared with ₹65 crore in the year-ago period.

Revenue from operations rose 78% year-on-year to ₹24,138 crore in the second quarter of FY27, up from ₹13,590 crore a year earlier. The company had reported revenue of ₹20,211 crore in the previous quarter.

Despite the growth in earnings, Eternal shares closed 2.45% lower at ₹312.35 apiece on October 21.

Adjusted EBITDA Rises

The company’s consolidated adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 197% year-on-year and 20% sequentially to ₹666 crore.

Eternal, which changed its name from Zomato to Eternal in March 2025, had reported a net profit of ₹92 crore in the previous quarter.

Total expenses rose 75% year-on-year to ₹24,166 crore in the September quarter, compared with ₹13,813 crore in the corresponding period last year. Expenses stood at ₹20,314 crore in the previous quarter.

On a like-for-like basis, Eternal’s revenue grew 58% year-on-year. The company said this calculation accounts for Blinkit’s shift to an inventory-ownership model last year.

Other Businesses And Expansion Plans

Adjusted revenue from Eternal’s other businesses, including Bistro and Nugget, increased to ₹132 crore from ₹95 crore in the previous quarter.

Adjusted EBITDA losses for this segment narrowed to ₹91 crore in Q2FY27, compared with a loss of ₹94 crore in Q1FY27.

Eternal said it plans to expand Blinkit’s store network to 5,000 outlets by March 2028. The company also plans to secure a 4.4% stake in the merged Mygate entity and launch Dark.AI globally by the end of 2026.

The expansion plans come as Eternal reports higher revenue and adjusted EBITDA, alongside continued investment in its businesses.