Eternal Q2 results for FY27 showed strong revenue growth, with the foodtech and quick commerce company reporting a 92% year-on-year increase in net profit to Rs 125 crore. Revenue from operations surged 77.6% to Rs 24,138 crore in the July–September quarter, compared with Rs 13,590 crore in the corresponding period of the previous financial year.

Key Highlights

• Eternal reported Rs 24,138 crore revenue and Rs 125 crore net profit in Q2 FY27, led by Blinkit.

• Blinkit revenue increased 93% year-on-year to Rs 19,152 crore, while Eternal shares closed 4% lower at Rs 307.

The Gurugram-based company, formerly known as Zomato, operates across food delivery, quick commerce, B2B supplies and going-out services through businesses including Zomato, Blinkit, Hyperpure and District. Blinkit continued to be the largest revenue generator, with its revenue almost doubling in the quarter compared to the same period last year.

Eternal Q2 Results FY27 Revenue and Profit

Revenue of Fast-commerce platform Eternal from operations rose from Rs 13,590 crore in Q2 FY26 to Rs 24,138 crore in the same period of FY27. Other income added to this, the company's total income stood at Rs 24,489 crore during the quarter.

A boost of Rs 351 crore in other non-operating income helped net profit to increase by around 92% YoY to Rs 125 crore, aided by revenue growth. The figures show that the revenues from operations grew by Rs 20,211 crore on a quarter-on-quarter basis.

Eternal's revenue for the half year up to September 2026 stood at Rs 44,349 crore while its net profit was Rs 217 crore.

Blinkit Revenue Nearly Doubles in Q2 FY27

Blinkit continued to lead Eternal’s revenue growth, reporting a 93% year-on-year increase in revenue to Rs 19,152 crore in Q2 FY27. Quick commerce continued to be the top revenue generation segment for the company for the quarter.

Eternal's food delivery arm Zomato saw a 37% revenue growth from the same time period to Rs 3,396 crore, which represented about 14 per cent of the company's total revenues.

Eternal's business-to-business supplies division Hyperpure saw a 13% jump in revenue to Rs 1,154 crore. District, the company's going out platform, recorded a revenue jump of 61% to Rs 304 crore.

The performance emphasizes the part of fast delivery, as well as further growth in food delivery and other services for consumers.

Eternal Q2 FY27 Segment-Wise EBITDA Performance

Earning of Eternal's food delivery segment were positive in the quarter, with Rs 647 crore of earnings before interest, taxes, depreciation and amortisation (EBITDA).

Although Blinkit's EBITDA declined by 18.5 percent year-on-year to Rs 488 crore, District has seen its losses widen to Rs 55 crore as of now. These figures reflect varying profitability trends across the company’s businesses.

Blinkit’s revenue expansion and EBITDA growth were key developments in the quarter, while food delivery continued to contribute positive segment-level earnings.

Also Read: Eternal Q3 FY26 Revenue at Rs 16,315 Cr; Deepinder Goyal Steps Down

Eternal Q2 FY27 Expenses Increase Amid Business Expansion

Eternal’s expenditure rose alongside its revenue growth. Material costs remained the largest expense category at Rs 14,602 crore in Q2 FY27, accounting for more than 60% of total expenditure.

The delivery cost and all related expenses rose by 62% year-on-year to Rs 3,581 crore. Spending on employee benefits increased by 32.5% to Rs 1,146 crore and advertising expenses grew by 41% to Rs 1,138 crore.

Total expenditure amounted at Rs 24166 crore during the quarter. The rise in costs underscores the need to keep an eye on expenses as the company expands its food delivery and quick commerce services as well as its revenue and profitability.

Eternal Shares Close 4% Lower After Q2 Results

Despite reporting higher revenue and profit, Eternal shares closed 4% lower at Rs 307 on Wednesday. At that price, the company’s market capitalisation stood at Rs 3,01,429 crore, equivalent to approximately $31.7 billion.

The share-price decline indicates that the market response was not aligned with the company’s reported year-on-year growth alone. Investors may continue to assess segment profitability, operating expenses and the sustainability of quick commerce growth when evaluating the company’s performance.