Eternal Q2 Revenue Surges 78% Driven by Blinkit Growth
Eternal, a food and grocery delivery company, reported a 78% year-on-year increase in operating revenue for Q2, reaching Rs 24,138 crore. Net profit nearly doubled to Rs 125 crore. EBITDA rose 26.6% quarter-on-quarter to Rs 752 crore, with margin expanding to 3.15%. Growth was driven by Blinkit's quick commerce business, which saw a 79% YoY increase in net order value to Rs 20,940 crore. Blinkit plans to expand its dark stores and micro warehouses significantly by 2028.
Economic Times··Gurugram


