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Eternal Q2 results today: brokerages expect profit to jump on Blinkit growth
Zomato's parent reports after market hours; quick-commerce growth and margins are the numbers to watch.
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Eternal, the company behind Zomato food delivery and Blinkit quick commerce, reports its July–September (Q2 FY27) results today, with an earnings call at 5 pm. Its shares were among the Nifty's top losers this morning.
Brokerages expect a big profit jump from a low base. Kotak Institutional Equities estimates revenue of about ₹23,729 crore and adjusted profit of about ₹293 crore; Motilal Oswal expects EBITDA (earnings before interest, tax, depreciation and amortisation, a measure of operating profit) of about ₹826 crore. A 'low base' means last year's profit was small, so even a modest rise in rupees looks like a huge percentage gain.
For Blinkit, HDFC Securities expects net order value, the total value of orders placed, to grow about 75% from a year earlier, with roughly 250 new dark stores (small warehouses used for 10-minute delivery) taking the total to about 2,693. These are estimates, not results; actual numbers can differ widely.
Key takeaway: compare actual results with these estimates; the stock's reaction usually depends on whether Blinkit's growth and margins beat or miss expectations.
Eternal is one of India's largest new-age tech companies, so its results shape sentiment for Swiggy (reporting Thursday) and other consumer-internet stocks.
Written with AI assistance by TotalMarket. Based on the sources linked in this article; key facts and data should be checked against the original sources. This article is for information only and is not investment advice.
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