Investment News · 22 October 2026 · 2 min read
In short: Eternal, which owns Zomato and Blinkit, reported a net profit of ₹125 crore for July to September 2026, up 92% from ₹65 crore a year ago. Revenue rose 78% to ₹24,138 crore. Profit was below the roughly ₹250 crore analysts expected.
Key numbers
| Jul–Sep 2026 | Change vs last year | |
|---|---|---|
| Net profit | ₹125 crore | +92% |
| Revenue | ₹24,138 crore | +78% |
| Blinkit revenue | ₹19,152 crore | +93% |
| Food delivery revenue | ₹3,396 crore | +37% |
| Blinkit stores | 2,751 | 308 added in the quarter |
What stood out
- Blinkit is now profitable at the operating level: it made ₹184 crore before interest, tax and depreciation, against a ₹156 crore loss a year ago.
- Food delivery is speeding up: order value grew 21.5%, the fifth quarter in a row of faster growth.
- More stores: Eternal aims for over 3,500 Blinkit stores by March 2027.
- Less discounting: CEO Albinder Singh Dhindsa said the company would rather not chase growth with deep discounts, because those customers often leave once offers end.
Eternal also announced a privacy-focused AI chat service called Dark, planned for launch this year.
Sources
- YourStory: Eternal Q2 net profit rises 92%, revenue up 78% (21 October 2026)
- StartupTalky: Daily funding roundup and key news, 21 October 2026
This is a news summary for education, not investment advice. Figures are as reported on or before 22 October 2026; check the company’s official filings before making decisions.