BENGALURU, April 28 -- Eternal Ltd, parent of Zomato and quick commerce platform Blinkit, reported a sharp 346% year-on-year jump in net profit to Rs.174 crore for the March quarter, driven by strong growth in Blinkit's net order value and improving operating leverage.

The company's consolidated operating revenue rose 196% YoY to Rs.17,292 crore during the quarter.

Quick commerce service Blinkit remained the primary growth driver with net order value (NOV) of Rs.14,386 crore, up 95% from the year-ago period, helped by rapid unit expansion, as well as accelerated store rollout.

The service swung back to a positive adjusted Ebitda of Rs.37 crore during the quarter, from a negative Ebitda of Rs.178 crore in the same period last year.

Bli...