Eternal Ltd's saw a 260% increase in its consolidated net profit for the first quarter of fiscal 2026-27, according to an exchange filing from the company on Wednesday. The profit missed analysts' estimates of it being Rs 300 crore. The Zomato parent's net profit was at Rs 92 crore year-on-year, compared to Rs 25 crore.
The quick-commerce delivery firm's revenue saw a jump to Rs 20,211 crore from the previous fiscal's Rs 7,167 crore. Analysts' estimate for the revenue was at 20,058 crore.
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The company's Ebitda (earnings before interest, taxes, depreciation and amortisation) climbed to Rs 594 crore from Rs 115 crore, in the year-ago period. Analysts' estimate for the Ebitda was lower The firm's Ebitda margin expanded to 2.9% from 1.6%.
Eternal Q1 Results (Cons, YoY)
Net profit rose to Rs 92 crore from Rs 25 crore
Revenue jumped to Rs 20,211 crore from Rs 7,167 crore
Ebitda increased to Rs 594 crore from Rs 115 crore
Ebitda margin improved to 2.9% from 1.6%
Eternal's quick commerce revenue surged to Rs 15,664 crore from Rs 2,400 crore. The firm's food delivery revenue rose 37% to Rs 3,100 crore.
The revenue of the company's Hyperpure business went down 55% to Rs 1,034 crore. Hyperpure is a business-to-business (B2B) platform that supplies fresh produce to restuarants and cloud kitchens looking to streamline their supply chains.
The firm's Blinkit quick commerce platform for groceries reported an Ebit of Rs 365 crore versus a loss of Rs 42 crore.
Eternal Stock Price Movement
Share price of Eternal saw a 0.77% decline to Rs 284.40, at the end of the day's trade, compared to a 0.79% decline of the NSE Nifty 50.
The stock opened at Rs 287.80, compared to its previous close of Rs 286.60. During today's trading session, Eternal Ltd share price moved in the range of Rs 275.55 to Rs 291.35.
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Looking at its last 52-week performance, the stock has touched a low of Rs 212.60 and a high of Rs 368.45. On the performance front, Eternal Ltd share price is down 5.14% on a year-on-year basis.
The market capitalization of Eternal Ltd is Rs 3.26 Lakh crore, with a P/E ratio of 408.41.
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