New Delhi, July 22 -- Eternal Ltd's June-quarter (Q1FY27) results underscored how rapidly Blinkit is reshaping the company. Revenue surged five-fold as the quick commerce business scaled aggressively, but higher taxes and continued spending on newer businesses kept profit growth subdued.

The Gurugram-based company reported consolidated revenue of Rs.20,211 crore for Q1, up 182% from a year earlier and ahead of the Rs.19,947 crore average estimate of 24 analysts polled by Bloomberg. Net profit rose 5% to Rs.92 crore but missed the Rs.300 crore consensus estimate based on 21 analyst forecasts, as a higher tax outgo and investments in newer businesses offset stronger operating profits from food delivery, quick commerce and Hyperpure.

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