Eternal’s Q1 profit triples YoY to ₹92 crore, but falls 48% sequentially

Eternal, parent of Blinkit and Zomato, reported Q1 FY27 operating revenue of ₹20,211 crore, up 182% year-on-year and 17% quarter-on-quarter. Expenses rose to ₹20,314 crore.

— Filed Wed, 22 Jul, 2026, 15:21 IST · Source Inc42 · Updated

Eternal, parent of Blinkit and Zomato, reported Q1 FY27 consolidated profit of ₹92 crore, nearly tripling year-on-year but falling 48% sequentially. Operating revenue rose 182% YoY to ₹20,211 crore, while expenses reached ₹20,314 crore.

Why this matters

The result follows signals flagging Blinkit’s dark-store rollout as Eternal’s Q1 earnings test and a Blinkit-led quick-commerce outlook, after Eternal reported ₹16,315 crore Q3 FY26 revenue as quick-commerce expansion accelerated.

The retail-company theme is accelerating, up 998200% QoQ.

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