Eternal Ltd (parent company of Zomato and Blinkit) reported a 268% year-on-year surge in consolidated net profit to ₹92 crore for the first quarter of FY27, driven by a 54% jump in Net Order Value (NOV) to ₹31,120 crore across its B2C verticals.Operational Highlights & Financial BreakdownThe company’s consolidated revenue from operations saw a dramatic surge, rising 182% year-on-year to ₹20,211 crore compared to ₹7,167 crore in the corresponding quarter of the previous fiscal year. Growth was propelled primarily by rapid expansion in its quick-commerce arm, Blinkit, as well as steady performance in its core food delivery division.Despite the strong year-on-year growth trajectory, net profit experienced a sequential decline from Q4 FY26 due to higher tax provisions, increased finance costs, and ongoing capital expenditures toward store infrastructure expansion.Segment Wise Growth DriversThe quarter recorded strong operational efficiency and expansion across all consumer-facing business verticals:1. Quick Commerce (Blinkit)Net Order Value (NOV): Skyrocketed 86% YoY to ₹17,132 crore.Network Expansion: Added 200 net new dark stores during the quarter, bringing the operational footprint to 2,443 stores across 300+ cities.Profitability: Adjusted EBITDA turned positive at ₹102 crore compared to an operational loss in the same period last year.2. Food Delivery (Zomato)Net Order Value (NOV): Grew over 20% YoY to ₹10,769 crore, marking five consecutive quarters of accelerating growth momentum.Adjusted EBITDA: Rose 34% YoY to ₹606 crore, maintaining a healthy margin of 5.6% of NOV.3. Hyperpure (B2B Supplies) & Going-OutHyperpure: Revenue grew 27% YoY to ₹1,034 crore, achieving positive adjusted EBITDA at ₹6 crore.Going-Out (District): NOV accelerated by 60% YoY to ₹3,218 crore.Management Commentary and Outlook"Growth in this business comes from making the platform more useful to more people, which drives frequency, density, and efficiency. The flywheel doesn't ask you to choose between growth and margins—they should compound together."— Deepinder Goyal, Founder & CEO of EternalManagement reiterated its long-term strategy anchored on three primary pillars: assortment expansion, geographical expansion, and demand densification. The group also announced plans to roll out specialized "gourmet" stores in major metro hubs to widen high-value inventory offerings and capture a larger share of premium quick-commerce demand.Also Read :- Sensex Crashes Over 700 Points, Nifty 50 Ends Below 24,000; What Triggered the Market Sell-Off?
