Eternal's Q1 Growth Driven by Blinkit

Eternal, a company known for its food delivery and quick commerce services like Zomato and Blinkit, recently shared its financial results for the first quarter of the fiscal year 2027.

The company saw a significant increase in revenue, with Blinkit being a major driver of growth.

Blinkit's revenue and the number of orders it handled both grew substantially.

Brokerage firms like Motilal Oswal and Nomura have given positive ratings to Eternal's stock, highlighting Blinkit's strong performance and the company's efforts to improve profitability.

However, they also noted some risks, such as intense competition and the need for sustainable growth strategies.