business
Eternal’s Q2 Profit Run, Jio IPO Day 1 & More
Eternal's Q2 profit surged 92% YoY, with Blinkit, Zomato, and Hyperpure driving growth and profitability.
Key points
- Eternal's Q2 FY27 net profit soared 92% YoY to ₹125 Cr, with operating revenue climbing 78% to ₹24,138 Cr.
- Blinkit, Eternal's quick commerce vertical, added 308 net new stores, expecting to reach 5,000 stores by March 2028.
- Zomato's steady growth and Hyperpure's profitability highlight Eternal's diverse business strengths.
Why it matters. Eternal's Q2 performance indicates a strong financial position, with its diverse business verticals contributing to growth and profitability, which may impact investor confidence and market perception.
Eternal reported a 92% year-on-year increase in net profit to ₹125 Cr for Q2 FY27, with operating revenue climbing 78% to ₹24,138 Cr. The company's growth was supported by Blinkit's dark store expansion and Zomato's steady food delivery growth. Additionally, Eternal stated that its B2B vertical Hyperpure turned EBITDA positive during the quarter.
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Eternal’s Q2 Profit Run, Jio IPO Day 1 & More
Eternal’s Q2 Profit Surge Eternal continued to fire on all cylinders in Q2 FY27. Besides improving margins and the profit… Eternal’s Q2 Profit Surge Eternal continued to fire on all cylinders in Q2 FY27. Besides improving margins and the profit surge, the quarter also saw Blinkit accelerate its dark store network, Zomato regain its pace and Hyperpure turn profitable. But underlying all this was Eternal’s new AI bet. Before we move ahead, here is a quick look at Eternal’s Q2 FY27 numbers: Net Profit zoomed 92% YoY to ₹125 Cr Operating Revenue climbed 78% YoY to ₹24,138 Cr Adjusted EBITDA more than tripled YoY to ₹666 Cr Total expenses also rose 75% YoY to ₹24,166 Cr Blinkit Powers Growth: The quick commerce vertical remained Eternal’s strongest growth engine, supported by rapid store additions, rising order volumes and improving economics across both mature and newer markets. In total, Blinkit added 308 net new stores in Q2 FY27, taking its network to 2,751. Betting on scale, the management now expects Blinkit to cross 3,500 stores by March 2027 and reach around 5,000 stores by March 2028. Zomato Regains Pace: The food delivery business maintained steady growth, driven by an expanding user base, stabilising demand and higher ordering frequency. Strong execution across Tier II+ markets also brought healthy top line and profits, reassuring investors that the business remains a res.