Eternal Ltd decline in Q2 FY26

reported a sharp 63% year-on-year decline in Q2 FY26 consolidated net profit to ₹65 crore, down from ₹176 crore last year, despite revenue from operations surging 183% to ₹13,590 crore for the quarter. Expenses soared nearly 189% to ₹13,813 crore, driven by aggressive investments in scale, marketing, and technology. The company’s quick commerce vertical (Blinkit) emerged as the top revenue contributor, posting a multifold revenue jump to ₹9,891 crore and adding 272 net new stores to reach a total of 1,816 stores