Eternal continued to fire on all cylinders in Q2 FY27. Besides improving margins and the profit surge, the quarter also saw Blinkit accelerate its dark store network, Zomato regain its pace and Hyperpure turn profitable. But underlying all this was Eternal’s new AI bet.
Before we move ahead, here is a quick look at Eternal’s Q2 FY27 numbers:
Blinkit Powers Growth: The quick commerce vertical remained Eternal’s strongest growth engine, supported by rapid store additions, rising order volumes and improving economics across both mature and newer markets. In total, Blinkit added 308 net new stores in Q2 FY27, taking its network to 2,751. Betting on scale, the management now expects Blinkit to cross 3,500 stores by March 2027 and reach around 5,000 stores by March 2028.
Zomato Regains Pace: The food delivery business maintained steady growth, driven by an expanding user base, stabilising demand and higher ordering frequency. Strong execution across Tier II+ markets also brought healthy top line and profits, reassuring investors that the business remains a resilient cash generator to fund broader group initiatives.
The District Question: Eternal’s going-out vertical also narrowed its losses in Q2 FY27, with the company claiming that District is on trajectory towards planned breakeven by June 2027. Meanwhile, B2B vertical Hyperpure achieved a major milestone by turning EBITDA positive in Q2, driven by two-hour deliveries and rising adoption of organised procurement offerings.
The AI Bet: Expanding beyond foodtech, Eternal also unveiled Dark , a privacy-focused AI platform to target users that seek data confidentiality and greater control over their research.
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