Blinkit adds 200 stores as Q1 GOV jumps 86%, lifting Eternal’s growth outlook
Eternal’s Q1FY27 momentum was led by Blinkit, whose gross order value reached Rs 17,130 crore and store network expanded to 2,443. Food delivery also posted 37% year-on-year revenue growth, while the company raised confidence in quick-commerce margin expansion.
Eternal reported strong Q1FY27 growth, led by Blinkit’s rapid order, GOV and store expansion. Food delivery also grew revenue and users. The company expects improved quick-commerce profitability through larger stores, inventory efficiency and lower working-capital needs.
Why this matters
Eternal’s Blinkit-led acceleration follows Q1 signals of a 3.7x profit jump and 200 dark-store additions, plus management’s view that discounting will ease as Blinkit becomes EBITDA-positive. It also contrasts with Dolat’s Sell call after the revenue beat.
Retail-company signals are accelerating, up +1,024,100% QoQ.
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