Archive · 22 Jul 2026
Blinkit Drives Eternal's Q1 Growth Amid Taxes and Investments
Eternal Ltd, a company based in Gurugram, India, reported its results for the first quarter of the fiscal year 2027.
The company's revenue grew a lot, mainly because of its quick commerce business, Blinkit.
Blinkit's revenue increased more than six times compared to the same period last year, and it now makes up about 77.5% of Eternal's total revenue.
However, the company's net profit was lower than expected because of higher taxes and investments in new businesses.
Eternal is focusing on expanding its quick commerce business by adding more stores and offering a wider range of products.
The company is also investing in other areas like food delivery and a platform called District, which connects users to restaurants, movie screens, and other activities.
Despite competition from other companies like Swiggy and Zepto, Eternal is confident in its strategy and believes it can grow and improve profitability at the same time.
Eternal's consolidated revenue surged 182% year-on-year to ₹20,211 crore, driven by Blinkit's rapid growth.
Net profit rose 5% to ₹92 crore but missed analyst estimates due to higher taxes and investments in new businesses.
Blinkit contributed 77.5% of Eternal's revenue, with food delivery and Hyperpure contributing 15.3% and 5.1% respectively.
Eternal fulfilled 156 million orders through Blinkit and added 200 new dark stores, bringing the total to 2,443.
The company is focusing on assortment and geographical expansion, and plans to roll out 'gourmet' stores in select locations.
- Who
- Eternal Ltd and its subsidiaries, including Blinkit, Zomato, and Hyperpure
- What
- Eternal reported a significant increase in revenue driven by Blinkit's growth, but net profit missed expectations due to higher taxes and investments.
- When
- The results are for the June quarter (Q1FY27).
- Where
- Eternal is based in Gurugram, India, and operates across more than 300 cities.
- Why
- The company is focusing on aggressive investments in Blinkit and other new businesses to drive long-term growth, which has impacted short-term profitability.
Growth Focus
Profitability Focus
Investment Strategy
Growth Focus
Eternal is focusing on aggressive investments in Blinkit and other new businesses to drive long-term growth.
Profitability Focus
Investors may prefer a focus on profitability and cost management to improve net profit margins.
Competitive Strategy
Growth Focus
Blinkit is investing in infrastructure and expansion to maintain growth and customer retention.
Profitability Focus
Competitors like Swiggy and Zepto are focusing on pricing and rapid expansion, which may pressure Blinkit's market share.
- Consolidated Revenue
- ₹20,211 crore
- Net Profit
- ₹92 crore
- Blinkit Revenue Contribution
- 77.5%
- Food Delivery Revenue Contribution
- 15.3%
- Hyperpure Revenue Contribution
- 5.1%
- Blinkit Orders Fulfilled
- 156 million
- Dark Stores Added
- 200
- Total Dark Stores
- 2,443