Wavefront Daily
Today's Brief/Thursday, 23 July 2026/🚀 Business & Startups
🚀 Business & Startups🇮🇳 India

Eternal's Profit Nearly Triples, But Blinkit Is Doing All The Heavy Lifting

mint - companies·Thursday, 23 July 2026
Eternal's Profit Nearly Triples, But Blinkit Is Doing All The Heavy Lifting

Eternal, the parent company of Zomato and Blinkit, posted a consolidated net profit of ₹92 Cr in Q1 FY27 — almost three times what it made a year ago. Blinkit's adjusted EBITDA rose sharply to ₹102 Cr from ₹37 Cr the previous quarter. However, profit dropped 47% compared to the quarter before, weighed down by higher taxes and spending on newer businesses.

Why It Matters

Eternal is one of India's most-watched consumer tech companies. Its results tell you how quick commerce is actually performing as a business, not just as a buzzword.

🔒 Potential Impact + source link

Subscribe to unlock the impact analysis and original source for every story.

Subscribe →