{"id":12247,"date":"2025-07-22T13:45:40","date_gmt":"2025-07-22T08:15:40","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=12247"},"modified":"2025-07-22T18:32:59","modified_gmt":"2025-07-22T13:02:59","slug":"eternal-shares-soar-despite-massive-profit-drop-blinkit-emerges-as-revenue-leader","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/eternal-shares-soar-despite-massive-profit-drop-blinkit-emerges-as-revenue-leader\/","title":{"rendered":"Eternal Shares Soar Despite Massive Profit Drop; Blinkit Emerges as Revenue Leader"},"content":{"rendered":"<p data-start=\"927\" data-end=\"1155\">In a surprising turn of events, Eternal Ltd (formerly Zomato) witnessed a strong rally in its stock price on July 22, even after reporting a sharp 90% year-on-year fall in net profit for the April\u2013June quarter of FY26.<\/p>\n<p data-start=\"1157\" data-end=\"1379\">Eternal&#8217;s Q1 net profit came in at just \u20b925 crore, significantly lower than \u20b9253 crore in the same period last year. However, the stock defied expectations and continued its bullish momentum in Tuesday\u2019s early session.<\/p>\n<h2 data-start=\"1381\" data-end=\"1416\">Stock Hits All-Time High<\/h2>\n<p data-start=\"1418\" data-end=\"1658\">At around 9:40 AM, Eternal shares were trading at \u20b9311.25, up by 11% on the NSE. This rise follows a 7% jump in the previous session, driven by investor optimism around the company\u2019s overall revenue growth and Blinkit&#8217;s performance.<\/p>\n<p data-start=\"1418\" data-end=\"1658\">Also Read: <a href=\"https:\/\/www.niftytrader.in\/content\/shanti-gold-ipo-opens-july-25-with-rs-189-199-price-band\/\">Shanti Gold IPO Opens July 25 with Rs.189\u2013199 Price Band; Valuation Pegged at Rs.1,435 Cr<\/a><\/p>\n<h2 data-start=\"1660\" data-end=\"1707\">Revenue Grows Despite Profit Decline<\/h2>\n<p data-start=\"1709\" data-end=\"1874\">While the profit figure disappointed many, Eternal\u2019s revenue grew 70% YoY to \u20b97,167 crore in Q1. This strong topline growth appears to have reassured the market.<\/p>\n<blockquote data-start=\"1876\" data-end=\"2018\">\n<p data-start=\"1878\" data-end=\"2018\">Despite the steep fall in earnings, investors focused on the company\u2019s growing scale and the success of its quick commerce arm, Blinkit.<\/p>\n<\/blockquote>\n<h3 data-start=\"2020\" data-end=\"2060\">\u00a0Blinkit Races Ahead of Zomato<\/h3>\n<p data-start=\"2062\" data-end=\"2159\">A key highlight this quarter was Blinkit outperforming Zomato\u2019s core food delivery segment.<\/p>\n<ul data-start=\"2160\" data-end=\"2276\">\n<li data-start=\"2160\" data-end=\"2207\">\n<p data-start=\"2162\" data-end=\"2207\">Blinkit posted \u20b92,400 crore in revenue,<\/p>\n<\/li>\n<li data-start=\"2208\" data-end=\"2276\">\n<p data-start=\"2210\" data-end=\"2276\">while Zomato\u2019s food delivery business brought in \u20b92,261 crore.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2278\" data-end=\"2392\">This marks a significant shift, showcasing the rising dominance of quick commerce in the company\u2019s business model.<\/p>\n<p data-start=\"2278\" data-end=\"2392\">Check This: <a href=\"https:\/\/www.niftytrader.in\/stocks-price\/eternal\">Eternal Stock Price<\/a><\/p>\n<h2 data-start=\"2394\" data-end=\"2423\">EBITDA Takes a Hit<\/h2>\n<p data-start=\"2425\" data-end=\"2578\">On the profitability front, consolidated EBITDA fell 35% YoY to \u20b9115 crore, indicating higher costs or operational challenges despite strong revenue.<\/p>\n<h2 data-start=\"2580\" data-end=\"2618\">What Are Brokerages Saying?<\/h2>\n<p data-start=\"2620\" data-end=\"2861\">Analysts expect competitive intensity to remain high, which might weigh on margins in the near term. Yet, with Blinkit\u2019s rising contribution and overall revenue growth, Eternal seems to be entering a new phase of business transformation.<\/p>\n<h3 data-start=\"2868\" data-end=\"2893\">\u00a0Key Takeaways:<\/h3>\n<ul data-start=\"2894\" data-end=\"3130\">\n<li data-start=\"2894\" data-end=\"2951\">\n<p data-start=\"2896\" data-end=\"2951\">Eternal Q1 FY26 profit plunges 90% YoY to \u20b925 crore<\/p>\n<\/li>\n<li data-start=\"2952\" data-end=\"2995\">\n<p data-start=\"2954\" data-end=\"2995\">Revenue jumps 70% YoY to \u20b97,167 crore<\/p>\n<\/li>\n<li data-start=\"2996\" data-end=\"3048\">\n<p data-start=\"2998\" data-end=\"3048\">Blinkit revenue surpasses Zomato food delivery<\/p>\n<\/li>\n<li data-start=\"3049\" data-end=\"3088\">\n<p data-start=\"3051\" data-end=\"3088\">EBITDA down 35% YoY to \u20b9115 crore<\/p>\n<\/li>\n<li data-start=\"3089\" data-end=\"3130\">\n<p data-start=\"3091\" data-end=\"3130\">Stock hits \u20b9311.25, up 11% intraday<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"3137\" data-end=\"3186\">Should You Buy, Sell, or Hold Eternal?<\/h3>\n<p data-start=\"3188\" data-end=\"3515\">While profits took a hit, investors are clearly betting on long-term growth from Blinkit and quick commerce. If you&#8217;re already invested, it may be wise to hold and watch how the company manages profitability in upcoming quarters. New investors should evaluate carefully, given the rising valuations and ongoing competition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a surprising turn of events, Eternal Ltd (formerly Zomato) witnessed a strong rally in its stock price on July 22, even after reporting a sharp 90% year-on-year fall in net profit for the April\u2013June quarter of FY26. Eternal&#8217;s Q1 net profit came in at just \u20b925 crore, significantly lower than \u20b9253 crore in the [&hellip;]<\/p>\n","protected":false},"author":9,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1382],"class_list":{"0":"post-12247","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1382,"user_id":9,"is_guest":0,"slug":"mahima-bhatt","display_name":"Mahima Bhatt","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/1c422e3ec94ca35781646cb003090c8b7b494ab81c47bdbb62016720922d2d6b?s=96&d=mm&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=12247"}],"version-history":[{"count":4,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12247\/revisions"}],"predecessor-version":[{"id":12337,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/12247\/revisions\/12337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/12280"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=12247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=12247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=12247"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=12247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}