Eternal Q1 Results are out now; after the results, Eternal Stock jumped almost 11% today. Eternal Net Profit declined nearly 90% in Q1 FY26, but still, the stock rose 11% today.
So, what’s the reason?
Eternal reported a net profit of 25 crores in Q1 FY26, which is almost 90% lower compared to last year’s 253 crores. However, Eternal Revenue jumped almost 70% in Q1 FY26. The company reported 7167 crores of revenue in Q1 FY26, which is almost 70% higher than last year’s 4206 crores.
The main reason for Eternal Stock Price’s rise today was because of Blinkit’s performance. Eternal Quick Commerce Arm Blinkit reported strong numbers in Q1 FY26. Blinkit’s revenue growth increased by almost 155% year-on-year. Blinkit reported 2400 crores revenue in Q1 FY26, which is 155% higher than last year’s 942 crores.
Blinkit is bigger than Zomato
The most interesting thing is, Blinkit beats Eternal Food Delivery arm Zomato. Eternal reported 2261 crores revenue from its Food Delivery business, which is only 16% higher than last year’s 1942 crores.
Eternal Hyperpure Business also reported 89% growth. The hyperpure business reported 2295 crores of revenue, which is 89% higher than last year’s 1212 crores.
Blinkit Foods Pvt Ltd
Eternal subsidiary, Blinkit Foods Pvt Ltd, will operate in the food services business. The main purpose of this subsidiary will be to operate in a 10-minute food delivery offering with the “Bistro” brand. It’s operating in Bengaluru and Delhi-NCR with 38 Kitchens.
With this, Blinkit will compete with Zepto Cafe. Recently, Zepto emerged as the biggest threat to Blinkit in the Quick commerce space. Bistro will fulfill the low-cost meal and snack demand.