Eternal’s Q2 Profit Surges 92% YoY to ₹125 Cr
Eternal posted ₹125 crore consolidated net profit for Q2 FY27, up 92% year-on-year, with operating revenue reaching ₹24,138 crore (+78% YoY). Adjusted EBITDA surged 197% to ₹666 crore. The like-for-like adjusted revenue grew 58% YoY, reflecting Blinkit's shift to an inventory-led model where revenue includes full goods value rather than marketplace commissions. Cash balance declined ₹1,813 crore to ₹16,475 crore due to seasonal working capital for Blinkit's festive inventory buildup. The board also approved Eternal's stake exchange in AdOnMo for Mygate merger shares.
Key points
- Net profit ₹125 crore, up 92% YoY; EBITDA surged 197% to ₹666 crore
- Operating revenue ₹24,138 crore, +78% YoY
- Blinkit's inventory model shift reflects in like-for-like 58% revenue growth
- Cash declined ₹1,813 crore to ₹16,475 crore due to seasonal working capital
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