Eternal reports Rs 92 crore net profit in Q1 FY27

Eternal reported a consolidated net profit of Rs 92 crore in Q1 FY27, nearly four times higher than Rs 25 crore in Q1 FY26.

Revenue almost tripled to Rs 20,211 crore, driven by strong growth from quick commerce business Blinkit.

Blinkit contributed Rs 15,664 crore in revenue, up from Rs 2,400 crore a year ago, and posted an EBITDA of Rs 325 crore, a turnaround from a loss of Rs 42 crore.

Eternal plans to continue investing in quick commerce expansion, which is not asset-light, including gourmet stores in top eight cities.

CEO Albinder Singh Dhindsa emphasized long-term growth pillars: assortment expansion, geographical expansion, and demand densification.