Eternal (Zomato) stock rises 2%, top Nifty gainer after brokerages back growth outlook despite Q1 profit miss Shares of Eternal Ltd, the parent company of Zomato, surged 2% in early trading on Thursday, reaching Rs 290.10, making it the top performer on the Nifty 50 index. The rally occurred despite a broader market decline, with the Sensex falling 0.47% and the Nifty dropping 0.43%. Investors welcomed bullish commentary from brokerages, which focused on the company’s strong execution in its food delivery and quick commerce segments, as well as improving profitability at Blinkit, its hyperlocal delivery arm. Eternal reported a consolidated net profit of Rs 92 crore for the first quarter of FY27, significantly below the CNBC-TV18 poll estimate of Rs 335 crore. This marked a 47% sequential decline from Rs 174 crore in the previous quarter but represented a more than threefold increase from Rs 25 crore in the same period a year earlier. Despite the profit miss, revenue growth remained robust, with consolidated revenue hitting Rs 20,211 crore—exceeding the estimated Rs 19,850 crore. This represented a 17% sequential rise from Rs 17,292 crore and a more than doubling of revenue compared to Rs 7,167 crore in the corresponding quarter of FY26. Brokerages emphasized that the company’s performance in key business lines outweighed the profit shortfall. They highlighted a 22% quarter-on-quarter increase in EBITDA to Rs 594 crore, with the EBITDA margin improving marginally to 2.9% from 2.8%. Analysts noted that Blinkit’s profitability was a key factor in the positive outlook, citing accelerating growth and disciplined execution. Additionally, management expressed confidence that competitive intensity in the quick commerce sector remains manageable, with expectations of further margin improvements for Blinkit in the medium term.#sensex #nifty_50 #zomato #blinkit #eternal_ltd
Eternal Limited Reports 47.1% Net Profit Decline Despite Major Year-on-Year Growth, ETRetail Eternal Limited, the parent company of Zomato, reported a significant 47.1% drop in its net profit for the April-June quarter (Q1 FY27), reaching Rs 92 crore compared to Rs 174 crore in the previous quarter (Q4 FY26). However, the company highlighted a strong 268% year-on-year (YoY) growth in consolidated net profit for the same period. Consolidated adjusted revenue surged 173% YoY to Rs 20,648 crore, while adjusted EBITDA increased 223% YoY to Rs 555 crore. The Quick Commerce segment saw a 86% YoY rise in net order value (NOV), reaching Rs 17,132 crore. This segment contributed Rs 102 crore in adjusted EBITDA profit, marking a fifth consecutive quarter of margin improvement. Deepinder Goyal, founder of Eternal, emphasized that growth and margins should compound together, as expanding the platform’s utility drives user frequency and operational efficiency. Blinkit, a subsidiary of Eternal, added 200 new stores, bringing its total network to 2,443. The company continued investments in expanding product assortments, geographic reach, and demand densification. Food delivery NOV surpassed Rs 10,769 crore, growing over 20% YoY, with adjusted EBITDA margins improving to 5.6%, resulting in a profit of Rs 606 crore. Hyperpure, another subsidiary, reported a 27% YoY revenue increase to Rs 1,034 crore, achieving positive adjusted EBITDA and generating Rs 6 crore in profit, compared to a loss in the same quarter last year. Albinder Singh Dhindsa, Group CEO of Eternal, reiterated the company’s focus on three pillars of long-term growth: assortment expansion, geographical expansion, and demand densification.#zomato #blinkit #deepinder_goyal #eternal_limited #hyperpure
Eternal Q1 Results: Net Profit Surges 268% YoY to ₹92 Crore, Revenue Climbs 182% Eternal, the parent company of Zomato, reported a significant surge in its financial performance for the first quarter of the fiscal year 2026-27. According to an exchange filing dated July 22, 2026, the company’s consolidated net profit after tax rose by 268% year-on-year (YoY) to ₹92 crore, compared to ₹25 crore in the same period the previous year. Sequentially, the profit declined by 47.13%, reflecting the impact of seasonal factors and operational challenges. The company’s revenue from operations for the quarter reached ₹20,211 crore, a 182% increase from ₹7,167 crore in the corresponding quarter of the prior fiscal year. Sequentially, revenue grew by 16.88%, driven by strong performance across key segments. The EBITDA (earnings before interest, tax, depreciation, and amortization) surged 416.52% to ₹594 crore, up from ₹115 crore a year earlier. The EBITDA margin improved to 2.94% from 1.69% in the same period, indicating better cost management and operational efficiency. Segment-wise, Eternal’s revenue distribution highlighted the growth of its core businesses. The India food ordering and delivery segment generated ₹3,100 crore, up from ₹2,737 crore in the previous quarter. Hyperpure supplies (B2B business) contributed ₹1,034 crore, while the quick commerce segment, Blinkit, accounted for the largest share at ₹15,664 crore. The Going Out segment (District) reported ₹318 crore, and residual segments totaled ₹95 crore. The company’s net order value (NOV), a key metric for growth, grew 54% YoY to ₹31,120 crore. Zomato’s NOV increased by over 20% to ₹10,769 crore, while Blinkit’s NOV surged 86% to ₹17,132 crore. The Going Out segment’s NOV rose 60% YoY to ₹3,218 crore, underscoring the expansion of its platform.#eternal #zomato #blinkit #deepinder_goyal #akshant_goyal
Zombie Drug Has Reached India: Blinkit Delivery Guy Stands Frozen for Hours in Chandigarh, Shocks Netizens A Blinkit delivery worker in Chandigarh reportedly stood motionless for extended periods, sparking widespread online concern and speculation about the effects of a mysterious substance dubbed the "zombie drug." The incident, captured in a viral image shared by @rishuraj_chd/X, shows the delivery man appearing eerily still, with no visible movement despite being in a bustling urban environment. The photo quickly gained traction on social media platforms, with users expressing alarm over the apparent lack of response from the individual. The article, published on March 25, 2026, highlights the growing public anxiety surrounding the alleged spread of this drug, which has been linked to reports of unusual behavior in other regions. While no official confirmation of the substance’s presence in India has been issued, the incident has fueled discussions about its potential impact on public health and safety. The delivery worker’s prolonged immobility has been interpreted by some as a possible side effect of the drug, though experts caution against drawing definitive conclusions without further evidence. The event has also raised questions about the broader implications of such substances on society. Critics argue that the lack of regulatory oversight and public awareness campaigns could exacerbate the risks associated with these drugs. Meanwhile, authorities have urged citizens to remain vigilant and report any suspicious activities. The incident underscores the urgent need for comprehensive measures to address the proliferation of such substances and their potential consequences.#moneycontrol #chandigarh #blinkit #zombie_drug #rishuraj_chd
