Eternal shares surge more than 4% as Q1 profit jumps nearly four-fold
Eternal Limited shares rose over 4% following a four-fold increase in consolidated net profit for the first quarter of the fiscal year. The growth was primarily driven by strong performance in its quick commerce vertical, Blinkit.
Why it matters
The surge reflects investor confidence in the rapid growth of India's quick commerce sector and the company's ability to scale its delivery businesses.
Shares of Eternal Limited, which runs businesses including Zomato and Blinkit, on Thursday (July 23, 2026), surged more than 4% after the company reported a nearly four-fold jump in consolidated profit in the June quarter. The stock jumped 4.28% to ₹295.55 on the BSE. On the NSE, it climbed 3.88% to ₹295.45.
Eternal Limited on Wednesday (July 22, 2026), reported a nearly four-fold jump in consolidated net profit at ₹92 crore in the first quarter of the current fiscal year, on the back of strong revenue growth of its quick commerce vertical.
“The company had posted a consolidated net profit of ₹25 crore in the corresponding quarter in the last fiscal year,” Eternal Limited said in a regulatory filing.
“Consolidated revenue from operations in the first quarter of FY27 stood at ₹20,211 crore as compared to ₹7,167 crore in the year-ago period,” it added.
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