Eternal, the parent company of Zomato and Blinkit, reported a sharp increase in profit and revenue for the second quarter of FY27. The company’s net profit rose 92% year-on-year to ₹125 crore for the quarter ended September 30, 2026, compared with ₹65 crore in the corresponding period last year.
The results were announced shortly before the market closed on Wednesday. Eternal’s revenue from operations also recorded substantial growth, while the company outlined plans to expand Blinkit’s store network and restructure parts of its entertainment business.
Eternal Share Price on October 21, 2026
Eternal shares came under pressure on October 21, closing at ₹312.35, down ₹7.85 or 2.45% for the session. The stock has recorded a 52-week high of ₹344.40 and a 52-week low of ₹212.60.
Despite the share price decline, the company’s latest quarterly results showed growth in both profitability and operating revenue compared with the previous year.
Revenue Rises 78% as Total Expenses Increase
Eternal’s revenue from operations climbed 78% year-on-year to ₹24,138 crore in Q2FY27, compared with ₹13,590 crore in the same quarter last year. Revenue in the preceding quarter stood at ₹20,211 crore.
The company also reported a significant increase in expenditure. Total expenses for the September quarter rose 75% to ₹24,166 crore, against ₹13,813 crore in the year-ago period and ₹20,314 crore in Q1FY27.
On a quarter-on-quarter basis, EBITDA (earnings before interest, tax, depreciation and amortisation) increased 26.6% to ₹752 crore from ₹594 crore in the previous quarter. The EBITDA margin improved to 3.15%, compared with 2.95% in Q1FY27.
Blinkit Expansion and Other Management Plans
Eternal’s management has outlined several business initiatives for the coming years. One of its key targets is to expand Blinkit’s store network to 5,000 outlets by March 2028.
The company also plans to acquire a 4.4% stake in the merged Mygate entity and launch Dark.AI globally by the end of 2026.
These initiatives form part of the company’s broader plans for business expansion and operational development.
Eternal Announces Corporate Restructuring
The company has announced an internal restructuring of its Going-out India business, which will be transferred to its wholly owned subsidiary, Zomato Entertainment, through a slump sale.
Eternal has also proposed merging the businesses of two other subsidiaries, Orbgen Technologies and Westland Entertainment, with ZEPL. The proposed changes are intended to simplify the group’s corporate structure and improve operational synergies.
Investors will continue to monitor Eternal’s financial performance, Blinkit’s expansion progress and the implementation of its restructuring plans in the coming quarters.
Disclaimer: This article is intended for general informational purposes and should not be considered investment advice or a recommendation to buy or sell Eternal shares. Financial results and business plans are based on the information provided and may be subject to subsequent updates. Investors should review official company disclosures and consult a qualified financial adviser before making investment decisions.