Eternal clocks Rs 125 crore profit in Q2FY27, revenue zooms 78% to Rs 24,138 crore
Eternals, the parent company of quick commerce platform Blinkit, reported a consolidated net profit of Rs 125 crore in Q2 FY27, a 92% year-over-year increase. Revenue from operations surged 78% to Rs 24,138 crore, primarily due to a business model shift in quick commerce that now recognizes full merchandise value rather than just marketplace commissions. Blinkit, the largest revenue channel, generated Rs 19,152 crore and achieved an EBITDA profit of Rs 184 crore, reversing prior quarter losses. The company is expanding quick commerce into smaller cities with data suggesting viable unit economics outside metros.
Key points
- Eternals net profit Rs 125 crore, up 92% YoY
- Revenue Rs 24,138 crore, up 78% YoY
- Blinkit shifts to inventory model, targets smaller cities
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