Eternal Rolls In Q1 Profits, Zetwerk Vs Ayr Energy & More
India, July 23 -- Eternal's Q1 Profitable Show
It was business as usual for Eternal in Q1. Buoyed by Blinkit's inventory model and food delivery vertical's steady march, the foodtech giant posted yet another profitable quarter. The only hiccup appeared to be AI and going-out bets, which continue to be in investment mode.
Here is a quick look at Eternal's Q1 FY27 numbers:
Net profit rose 3.7X YoY to Rs.92 Cr
Operating revenue zoomed 182% YoY to Rs.20,211 Cr
Total expenses soared 173% YoY to Rs.20,314 Cr
Blinkit's Growth Engine: The quick commerce arm remained Eternal's primary growth engine, commanding over 77% of total operating revenues in Q1. Supported by 200 new dark store additions (taking total to 2,443) and rising user retenti...
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