The Bad PlaceTimes of India | Eternal eyes $20 billion order value as Blinkit drives growth
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Eternal, the company formerly known as Zomato, said it will double its annual net order value to $20 billion within the next two years, driven chiefly by the rapid growth of its quick‑commerce arm Blinkit. Blinkit’s Q4 FY26 performance showed a 95.4 % year‑on‑year increase in order value, the addition of 216 new stores to a total of 2,243, and an outlook of more than 60 % annual growth for the next three years, powered by wider assortments, geographic expansion and higher demand density. In the March quarter, Eternal’s total revenue rose 6 % sequentially to Rs 17,634 crore (up about 184 % YoY) and profit jumped 71 % quarter‑on‑quarter to Rs 174 crore, while full‑year revenue surged 162 % YoY to Rs 55,760 crore, though annual profit fell 31 % to Rs 366 crore. The firm targets Rs 1 billion in adjusted EBITDA by FY 2029.
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