Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year increase in net profit to Rs 125 crore in the second quarter of FY27, up from Rs 65 crore in the same period last year. Revenue from operations surged 77.6% to Rs 24,138 crore, compared with Rs 13,590 crore in Q2FY26, according to economictimes.indiatimes.com.
The company’s total expenses rose 75% year-on-year to Rs 24,166 crore in Q2FY27, slightly exceeding revenue growth. Sequentially, net profit increased 36% from Rs 92 crore in Q1FY27, while revenue grew 19.4% from Rs 20,211 crore. EBITDA rose 26.6% quarter-on-quarter to Rs 752 crore, with the margin expanding to 3.15% from 2.95% in the previous quarter, the report said.
Eternal’s food delivery segment, Zomato, saw its net order value grow 21.5% year-on-year to Rs 11,445 crore, marking the fifth consecutive quarter of growth acceleration. The company plans to expand Blinkit’s store network to 5,000 outlets by March 2028 and acquire a 4.4% stake in the merged Mygate entity. It also aims to launch Dark.AI globally by the end of 2026, signaling strategic moves in the competitive food and delivery market.
Eternal’s shares closed at Rs 311.75 on the BSE, down 2.71% from the previous close of Rs 320.45. The company’s next quarterly results and progress on Blinkit’s expansion and Dark.AI launch will be closely watched by investors and market participants, according to economictimes.indiatimes.com.