Eternal Ltd (formerly Zomato) – Fundamental News Update:

Eternal’s fundamentals are showing strong business growth, primarily driven by Blinkit’s rapid expansion and improving profitability. In Q1 FY27, consolidated revenue from operations jumped 182% YoY to ₹20,211 crore, while net profit increased 268% YoY to ₹92 crore and operating profit rose more than four times to ₹594 crore. Blinkit remained the biggest growth engine, with Net Order Value (NOV) rising 86.2% YoY to ₹17,132 crore and the network expanding by 200 stores to 2,443 stores; management is targeting around 3,000 stores by March 2027. Importantly, Blinkit’s adjusted EBITDA turned positive at ₹102 crore, with its adjusted EBITDA margin improving to 0.6% of NOV, and management expects long-term quick-commerce margins toward the higher end of its earlier 5–6% guidance range.