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Blinkit Gets A New Identity As Eternal Posts ₹250 Million Profit In Q1

Updated: July 21, 2025 15:14

Image Source: Business Standard
Eternal Ltd, the parent company of Zomato and Blinkit, has incorporated a new wholly owned subsidiary named Blinkit Foods, signaling deeper integration and strategic focus on quick commerce. The move comes alongside the company’s Q1 FY26 financial results, which show steady revenue growth and modest profitability.
 
Key Highlights From The Quarter
  • Eternal reported consolidated revenue from operations of ₹7,167 crore for Q1 FY26, reflecting continued momentum across food delivery, quick commerce, and B2B segments.
  • Net profit stood at ₹250 million, a recovery from the previous quarter’s dip, supported by cost optimization and improved monetization in Blinkit and Hyperpure.
  • The incorporation of Blinkit Foods is expected to streamline inventoryled operations, allowing Blinkit to expand into packaged foods, private labels, and gourmet categories.
  • The new entity aligns with Eternal’s IOCC status, enabling direct product stocking and better margin control under Indian FDI norms.
Strategic Developments
  • Blinkit Foods will focus on sourcing, manufacturing, and distribution of food products tailored for instant delivery, enhancing Blinkit’s value proposition.
  • Eternal’s broader restructuring aims to localize ownership and deepen vertical integration across its brands.
  • The company’s recent capital raise and domestic investor backing have positioned it for longterm scalability and regulatory flexibility.
Growth Trajectory
Eternal’s Q1 performance and Blinkit Foods launch reflect a dual strategy of operational consolidation and category expansion, reinforcing its leadership in India’s evolving quick commerce landscape.
 
Sources: Screener.in, Economic Times, Moneycontrol, Eternal.com, Business Standard.

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