Zomato food delivery remains Eternal’s profit engine as Blinkit drives revenue
Zomato’s food-delivery business posted ₹606 crore adjusted EBITDA in Q1 FY27, versus Blinkit’s ₹102 crore, despite quick commerce contributing ₹15,664 crore of Eternal’s ₹20,211 crore consolidated revenue. Rising platform fees, commissions and advertising are underpinning delivery margins.
Zomato’s food-delivery unit remains Eternal’s key profit engine despite Blinkit leading revenue. The analysis highlights commissions, platform fees, advertising and subscriptions, alongside delivery costs, restaurant pressure and funding support for Blinkit’s dark-store expansion.
Why this matters
The earnings split follows Zomato’s IPO opening-day 1.05x subscription led by retail investors and its inclusion with Nykaa in a retail-tech stock watch as India retail reached ₹215 trillion.
retail-company is accelerating, up +1,092,800% QoQ.
Also reported by
- Inc42 · Buzz — Same time