Eternal Q2 Profit Rises 92% to Rs 125 Crore as Blinkit Grows
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Khushi Jain
- October 21, 2026
Foodtech and quick commerce platform Eternal (formerly Zomato) reported a 92% year-on-year increase in net profit to Rs 125 crore in Q2 FY27. The Gurugram-based company also recorded strong revenue growth at its quick commerce platform, Blinkit, where revenue nearly doubled during the quarter.
According to Eternal’s consolidated financial results sourced from the National Stock Exchange (NSE), revenue from operations surged over 77% year-on-year to Rs 24,138 crore in Q2 FY27, compared with Rs 13,590 crore in Q2 FY26.
Eternal operates several business units, including its food marketplace, Hyperpure and quick commerce platform Blinkit.
Blinkit Leads Eternal’s Revenue Growth
Blinkit, Eternal’s largest revenue contributor, reported a 93% year-on-year increase in revenue to Rs 19,152 crore in Q2 FY27.
Zomato’s food delivery business recorded 37% revenue growth to Rs 3,396 crore, accounting for 14% of Eternal’s total revenue during the quarter.
Meanwhile, Hyperpure, the company’s business-to-business (B2B) supplies platform, reported a 13% year-on-year increase in revenue to Rs 1,154 crore. Its going-out platform, District, recorded 61% growth to Rs 304 crore in Q2 FY27.
Including other segments and non-operating income, Eternal’s total income rose to Rs 24,489 crore during the quarter.
On a quarter-on-quarter basis, operating revenue increased by over 19% from Rs 20,211 crore. For the half year ended September 2026, Eternal reported revenue of Rs 44,349 crore and a net profit of Rs 217 crore.
Eternal’s Expenses Rise in Q2 FY27
Material costs remained Eternal’s largest expense category at Rs 14,602 crore in Q2 FY27, accounting for over 60% of its total expenditure.
Delivery and related costs increased 62% year-on-year to Rs 3,581 crore, while employee benefit expenses rose 32.5% to Rs 1,146 crore. Advertising expenses also increased 41% to Rs 1,138 crore during the quarter.
Overall, Eternal’s total expenditure reached Rs 24,166 crore in Q2 FY27.
Blinkit’s EBITDA Rises Nearly 98 Times
At the segment level, Eternal’s food delivery business reported a positive EBITDA of Rs 647 crore in Q2 FY27.
Blinkit’s EBITDA surged nearly 98 times to Rs 488 crore during the quarter, while District reported an EBITDA loss of Rs 55 crore.
Eternal’s net profit increased 92% year-on-year to Rs 125 crore in Q2 FY27, supported by revenue growth and Rs 351 crore in other non-operating income.
Eternal Shares Close 4% Lower
Despite the growth in revenue and profit, Eternal’s shares closed 4% lower at Rs 307 apiece at the end of Wednesday’s trading session.
The company’s market capitalisation stood at Rs 3,01,429 crore, equivalent to around $31.7 billion.
FAQs
1. What was Eternal’s net profit in Q2 FY27?
Eternal reported a net profit of Rs 125 crore in Q2 FY27, up 92% year-on-year.
2. How much revenue did Eternal generate in Q2 FY27?
Eternal’s revenue from operations increased over 77% year-on-year to Rs 24,138 crore.
3. How much revenue did Blinkit report in Q2 FY27?
Blinkit’s revenue rose 93% year-on-year to Rs 19,152 crore.
4. What was Eternal’s total expenditure in Q2 FY27?
Eternal’s total expenditure increased to Rs 24,166 crore during the quarter.
5. How did Eternal’s shares perform after the results?
Eternal’s shares closed 4% lower at Rs 307 apiece, giving the company a market capitalisation of Rs 3,01,429 crore, or around $31.7 billion.
