Eternal Q2 net profit rises 92% in FY27, revenue up 78%
Eternal reported Q2 FY27 net profit of Rs 125 crore (up 92.3% YoY) on revenue of Rs 24,138 crore (up 78% YoY), falling short of analyst expectations of Rs 250 crore profit. Quick commerce platform Blinkit generated Rs 19,152 crore in revenue with 79.3% YoY net order value growth, reaching 2,751 stores and turning profitable with Rs 184 crore adjusted EBITDA (0.9% of NOV). The company targets exceeding 3,500 stores by March 2027 and potentially reaching 5,000 by March 2028.
Key points
- Eternal posted Rs 125 crore net profit (92% YoY growth) on Rs 24,138 crore revenue (78% YoY growth)
- Blinkit achieved 0.9% adjusted EBITDA margin on Rs 19,152 crore revenue with 79.3% order value growth
- Blinkit expanded to 2,751 stores and projects 3,500+ stores by March 2027
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