Blinkit adds 200 stores, posts positive EBIT as Eternal’s Q1 revenue surges
Eternal reported Q1 revenue of Rs 20,211 crore, led by Blinkit’s 86% NOV growth. Blinkit reached 2,443 stores after adding 200 locations and delivered Rs 365 crore in EBIT, while management reiterated long-term quick-commerce investment despite intensifying price competition.
Eternal’s Q1 revenue nearly tripled, led by Blinkit, which added 200 stores to reach 2,443 and posted Rs 365 crore EBIT. Management plans continued quick-commerce investment, targeting roughly 4% long-term EBIT margins despite intensified price-led competition.
Why this matters
The result follows brokerages lifting Eternal targets on Blinkit’s improving profitability outlook and the July 22 Q1FY27 results setting, where Blinkit growth and margins were in focus.
Retail-company is accelerating, up 1,024,500% QoQ.