Eternal revises Blinkit store target as Q2 profit rises 92%
In short
Eternal changed its Blinkit store target while reporting Q2 net profit that rose 92%. The report said Blinkit’s quick-commerce margins improved for a sixth straight quarter, and Zomato kept growing food delivery by spending on customer acquisition.
This matters because Blinkit and Zomato are the company’s main businesses. The report does not say what the new store target is or how much more the company plans to spend.
What the reporting says
Eternal revised its Blinkit store target while reporting Q2 net profit that rose 92%. The publisher-supplied summary said Blinkit’s quick-commerce margins improved for a sixth straight quarter and that Zomato kept food-delivery growth going through customer-acquisition investments. The available reporting does not state the new store target or how the revision changes long-term expansion plans.
Why it matters
Eternal revised its Blinkit store target alongside a 92% rise in Q2 net profit. The summary says Blinkit delivered a sixth straight quarter of margin improvement, while Zomato maintained food-delivery growth through customer acquisition investments. The reporting points to improving unit economics at Blinkit and continued spending for Zomato, but it does not disclose the revised target or the exact size of the investment spend.