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Upstox·3 min read·medium

Eternal Q1 Results: Net profit surges 268% YoY to ₹92 crore, revenue climbs 182%

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Eternal Q1 Results: Net profit surges 268% YoY to ₹92 crore, revenue climbs 182%
✦AI Summary

Eternal (Zomato parent) reported a 268% surge in net profit for Q1 FY27, reaching ₹92 crore, driven by strong performance in its quick commerce segment, Blinkit. Despite the profit growth, the company noted that quick commerce remains a capital-intensive business.

Why it matters

The results highlight the rapid expansion and financial evolution of the quick commerce sector in India's competitive food and delivery market.

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Eternal's consolidated revenue from operations in the first quarter stood at ₹20,211 crore against ₹7,167 crore in the year-ago period, it added. Sequentially, revenue surged 16.88%.

Zomato parent Eternal recorded a 268% rise in its consolidated profit after tax to ₹92 crore in the June quarter of the financial year 2026-27, according to an exchange filing on Wednesday, July 22.

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The company had posted a consolidated net profit of ₹25 crore in the corresponding quarter last fiscal. Sequentially, profit fell 47.13%.

Its consolidated revenue from operations in the first quarter stood at ₹20,211 crore against ₹7,167 crore in the year-ago period, it added. Sequentially, revenue surged 16.88%.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation) surged 416.52% to 594 crore for the quarter under review from ₹115 crore in the year-ago period.

EBITDA margin stood at 2.94% vs 1.69% a year back.

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