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Indian online platform Eternal posts sequential rise in profit, driven by Blinkit
Eternal’s Q2 profit rose sequentially to ₹65 crore, aided by Blinkit’s scale despite year-on-year losses.
Eternal, parent to Blinkit and Zomato, reported a sequential increase in Q2 profit, reaching ₹65 crore, up from ₹25 crore in Q1. While year-on-year profit fell sharply, the sequential gain signals operational momentum. Performance was driven by Blinkit’s growing GMV and improved efficiency in quick commerce operations. The result also cushions investor concerns amid high expansion costs. Markets will monitor whether this marks a turning inflection point for profitability or is just a short-term seasonal boost in a capital-intensive business.