{"id":25171,"date":"2026-04-28T17:56:27","date_gmt":"2026-04-28T12:26:27","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=25171"},"modified":"2026-04-28T17:56:27","modified_gmt":"2026-04-28T12:26:27","slug":"eternal-q4-net-profit-rs-174-crore","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/eternal-q4-net-profit-rs-174-crore\/","title":{"rendered":"Eternal Q4 Net Profit Rs.174 Crore, Beats Estimates; Blinkit Profitable"},"content":{"rendered":"<p data-section-id=\"mycipl\" data-start=\"358\" data-end=\"440\"><span role=\"text\">Quick Commerce Drives Earnings Beat as Profit Jumps Sharply Above Estimates<\/span><\/p>\n<p data-start=\"442\" data-end=\"648\"><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Eternal Ltd<\/span><\/span> reported a strong Q4FY26 performance on April 28, with net profit rising sharply above analyst estimates, driven by a turnaround in its quick commerce business Blinkit.<\/p>\n<p data-start=\"650\" data-end=\"897\">The company posted a net profit of \u20b9174 crore, compared with \u20b9102 crore in Q3FY26 and \u20b939 crore a year ago, while beating analyst estimates of \u20b9121 crore (Reuters-LSEG poll) by a wide margin.<\/p>\n<p data-start=\"899\" data-end=\"1006\">The earnings surprise was primarily driven by Blinkit\u2019s shift to profitability and strong revenue scale-up.<\/p>\n<p data-start=\"1327\" data-end=\"1520\"><span style=\"color: #0000ff;\">Also Check<\/span> :<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty50-contributors\">Nifty 50<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/nifty-bank-contributors\">Bank Nifty<\/a><\/li>\n<li><a href=\"https:\/\/www.niftytrader.in\/stocks-price\/bse\">Sensex<\/a><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2 data-section-id=\"12ugjsd\" data-start=\"1013\" data-end=\"1074\"><span role=\"text\">Stock Gains as Earnings Beat Offsets Intraday Weakness<\/span><\/h2>\n<p data-start=\"1076\" data-end=\"1234\">Shares of <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Eternal Ltd<\/span><\/span> recovered sharply after results, rising 1.1% to \u20b9258.3, after bouncing nearly 5.5% from intraday lows.<\/p>\n<p data-start=\"1236\" data-end=\"1390\">The price recovery indicates that investors responded positively to the earnings beat, particularly the improvement in Blinkit\u2019s profitability trajectory.<\/p>\n<p data-start=\"1236\" data-end=\"1390\"><span style=\"color: #0000ff;\">Read More<\/span> : <a href=\"https:\/\/www.niftytrader.in\/markets\/indigo-air-india-warn-government\/\">IndiGo, Air India Warn Government of Shutdown Risk Over ATF Costs<\/a><\/p>\n<h2 data-section-id=\"1gvwh9i\" data-start=\"1397\" data-end=\"1457\"><span role=\"text\">Blinkit Turns EBITDA Positive, Drives Earnings Upside<\/span><\/h2>\n<p data-start=\"1459\" data-end=\"1514\">Blinkit emerged as the key driver of the earnings beat:<\/p>\n<ul data-start=\"1516\" data-end=\"1710\">\n<li data-section-id=\"11b1r3o\" data-start=\"1516\" data-end=\"1580\">Adjusted EBITDA: \u20b937 crore profit vs \u20b9178 crore loss YoY<\/li>\n<li data-section-id=\"1yxxul8\" data-start=\"1581\" data-end=\"1631\">Revenue: \u20b913,232 crore vs \u20b91,709 crore YoY<\/li>\n<li data-section-id=\"2zttse\" data-start=\"1632\" data-end=\"1670\">NOV: \u20b914,386 crore, up 95% YoY<\/li>\n<li data-section-id=\"hdt2mk\" data-start=\"1671\" data-end=\"1710\">Dark stores: 2,243 vs 1,301 YoY<\/li>\n<\/ul>\n<p data-start=\"1712\" data-end=\"1834\">The EBITDA swing of over \u20b9200 crore year-on-year explains a significant portion of the earnings surprise versus estimates.<\/p>\n<p data-start=\"1836\" data-end=\"1967\">However, average order value (AOV) declined to \u20b9525, compared with \u20b9547 in Q3 and \u20b9665 a year ago, indicating pricing pressure.<\/p>\n<h2 data-section-id=\"1mrdbe9\" data-start=\"1974\" data-end=\"2048\"><span role=\"text\">Food Delivery Business Shows Stable Growth with Expanding User Base<\/span><\/h2>\n<p data-start=\"2050\" data-end=\"2111\">The food delivery segment continued to deliver steady growth:<\/p>\n<ul data-start=\"2113\" data-end=\"2279\">\n<li data-section-id=\"pdmwq5\" data-start=\"2113\" data-end=\"2163\">Adjusted revenue: \u20b93,125 crore, up 30% YoY<\/li>\n<li data-section-id=\"7efbuy\" data-start=\"2164\" data-end=\"2211\">NOV: \u20b99,757 crore vs \u20b99,846 crore in Q3<\/li>\n<li data-section-id=\"1x50axn\" data-start=\"2212\" data-end=\"2279\">Monthly transacting users: 25.4 million vs 20.9 million YoY<\/li>\n<\/ul>\n<p data-start=\"2281\" data-end=\"2385\">The segment showed stable order value but continued expansion in user base, supporting long-term growth.<\/p>\n<h2 data-section-id=\"yti36n\" data-start=\"2392\" data-end=\"2467\"><span role=\"text\">Revenue Growth Driven by Scale, Expenses Rise in Line with Expansion<\/span><\/h2>\n<p data-start=\"2469\" data-end=\"2628\">Eternal reported Q4 revenue of \u20b917,292 crore, up 196% YoY, while expenses rose to \u20b917,406 crore, reflecting expansion in quick commerce operations.<\/p>\n<p data-start=\"2630\" data-end=\"2648\">For the full year:<\/p>\n<ul data-start=\"2650\" data-end=\"2740\">\n<li data-section-id=\"1vm8xuc\" data-start=\"2650\" data-end=\"2694\">Revenue: \u20b954,364 crore (up 169% YoY)<\/li>\n<li data-section-id=\"vvagwz\" data-start=\"2695\" data-end=\"2740\">Expenses: \u20b955,145 crore (up 167% YoY)<\/li>\n<\/ul>\n<p data-start=\"2742\" data-end=\"2866\">The near alignment between revenue and expense growth reflects aggressive scaling, particularly in Blinkit\u2019s infrastructure.<\/p>\n<h2 data-section-id=\"oc8x08\" data-start=\"2873\" data-end=\"2927\"><span role=\"text\">Going Out Segment Adds Incremental Contribution<\/span><\/h2>\n<p data-start=\"2929\" data-end=\"2963\">The \u201cGoing Out\u201d business reported:<\/p>\n<ul data-start=\"2965\" data-end=\"3050\">\n<li data-section-id=\"rxlw6i\" data-start=\"2965\" data-end=\"3004\">Revenue: \u20b9277 crore, up 21% YoY<\/li>\n<li data-section-id=\"1ofoqp4\" data-start=\"3005\" data-end=\"3050\">NOV: \u20b92,736 crore vs \u20b91,868 crore YoY<\/li>\n<\/ul>\n<p data-start=\"3052\" data-end=\"3160\">However, revenue declined sequentially from \u20b9300 crore, indicating moderation after previous quarter growth.<\/p>\n<h2 data-section-id=\"8yzsmp\" data-start=\"3167\" data-end=\"3224\"><span role=\"text\">Here\u2019s What Happened Today and Why Traders Reacted<\/span><\/h2>\n<ul data-start=\"3226\" data-end=\"3454\">\n<li data-section-id=\"4b6dkn\" data-start=\"3226\" data-end=\"3285\">Eternal reported profit 44% above analyst estimates<\/li>\n<li data-section-id=\"mkgvaq\" data-start=\"3286\" data-end=\"3339\">Blinkit turned EBITDA positive for the first time<\/li>\n<li data-section-id=\"1dk871n\" data-start=\"3340\" data-end=\"3385\">AOV declined, signalling pricing pressure<\/li>\n<li data-section-id=\"1ecsggi\" data-start=\"3386\" data-end=\"3454\">Quick commerce competition intensified with Amazon Now expansion<\/li>\n<\/ul>\n<p data-start=\"3456\" data-end=\"3567\">The combination of strong earnings and rising competition drove mixed but active trading interest in the stock.<\/p>\n<h2 data-section-id=\"kgicma\" data-start=\"3574\" data-end=\"3637\"><span role=\"text\">Competition Intensifies as Amazon Expands Quick Commerce<\/span><\/h2>\n<p data-start=\"3639\" data-end=\"3792\">The results come on the same day that <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Amazon<\/span><\/span> announced expansion of its quick commerce service \u201cAmazon Now\u201d to 100 cities.<\/p>\n<p data-start=\"3794\" data-end=\"3856\">This increases competitive pressure on Blinkit, especially in:<\/p>\n<ul data-start=\"3858\" data-end=\"3966\">\n<li data-section-id=\"2vpmb0\" data-start=\"3858\" data-end=\"3904\">Pricing (reflected in AOV decline to \u20b9525)<\/li>\n<li data-section-id=\"123uv7h\" data-start=\"3905\" data-end=\"3935\">Customer acquisition costs<\/li>\n<li data-section-id=\"1o223jn\" data-start=\"3936\" data-end=\"3966\">Delivery network expansion<\/li>\n<\/ul>\n<p data-start=\"3968\" data-end=\"4053\">The declining AOV suggests that competition may already be impacting order economics.<\/p>\n<h2 data-section-id=\"rjjohd\" data-start=\"4060\" data-end=\"4136\"><span role=\"text\">Market Impact: Earnings Beat Supports Stock Despite Competitive Risks<\/span><\/h2>\n<p data-start=\"4138\" data-end=\"4212\">The earnings beat supported stock sentiment, but competitive risks remain.<\/p>\n<ul data-start=\"4214\" data-end=\"4382\">\n<li data-section-id=\"1rl5qez\" data-start=\"4214\" data-end=\"4267\">Positive: Blinkit profitability and revenue scale<\/li>\n<li data-section-id=\"1k80cer\" data-start=\"4268\" data-end=\"4312\">Risk: AOV decline and rising competition<\/li>\n<li data-section-id=\"dgunc5\" data-start=\"4313\" data-end=\"4382\">Neutral: Food delivery growth remains steady but not accelerating<\/li>\n<\/ul>\n<p data-start=\"4384\" data-end=\"4447\">This creates a balanced outlook for the stock in the near term.<\/p>\n<h2 data-section-id=\"1bmkq1j\" data-start=\"4454\" data-end=\"4492\"><span role=\"text\">Impact on Traders and Investors<\/span><\/h2>\n<ul data-start=\"4494\" data-end=\"4690\">\n<li data-section-id=\"d4tvsz\" data-start=\"4494\" data-end=\"4593\">Traders: Stock likely to remain volatile due to earnings momentum and competition news flow<\/li>\n<li data-section-id=\"13v6baw\" data-start=\"4594\" data-end=\"4690\">Investors: Blinkit profitability is positive, but margins and AOV trends need monitoring<\/li>\n<\/ul>\n<p data-start=\"4692\" data-end=\"4804\">The key variable for valuation going forward will be whether Blinkit can sustain profitability amid competition.<\/p>\n<h2 data-section-id=\"s70yh2\" data-start=\"4811\" data-end=\"4852\"><span role=\"text\">FAQs: Eternal Q4 Results Explained<\/span><\/h2>\n<h3 data-section-id=\"1jo0wl6\" data-start=\"4854\" data-end=\"4903\"><span role=\"text\">How much did Eternal beat estimates by?<\/span><\/h3>\n<p data-start=\"4904\" data-end=\"4984\">Net profit came in at \u20b9174 crore versus estimates of \u20b9121 crore, a 44% beat.<\/p>\n<h3 data-section-id=\"dbiss9\" data-start=\"4991\" data-end=\"5030\"><span role=\"text\">What drove the earnings beat?<\/span><\/h3>\n<p data-start=\"5031\" data-end=\"5119\">Blinkit\u2019s EBITDA turned positive (\u20b937 crore vs \u20b9178 crore loss YoY), driving the upside.<\/p>\n<h3 data-section-id=\"1d5fip4\" data-start=\"5126\" data-end=\"5182\"><span role=\"text\">What is Blinkit\u2019s AOV and why is it important?<\/span><\/h3>\n<p data-start=\"5183\" data-end=\"5260\">AOV declined to \u20b9525 from \u20b9547 QoQ and \u20b9665 YoY, indicating pricing pressure.<\/p>\n<h3 data-section-id=\"1k7yr9i\" data-start=\"5267\" data-end=\"5309\"><span role=\"text\">What is Eternal\u2019s cash position?<\/span><\/h3>\n<p data-start=\"5310\" data-end=\"5368\">The company ended Q4 with a cash balance of \u20b917,972 crore.<\/p>\n<h3 data-section-id=\"1scbzfi\" data-start=\"5375\" data-end=\"5416\"><span role=\"text\">Is food delivery still growing?<\/span><\/h3>\n<p data-start=\"5417\" data-end=\"5469\">Yes, revenue grew 30% YoY with increasing user base.<\/p>\n<h3 data-section-id=\"jejiqf\" data-start=\"5476\" data-end=\"5521\"><span role=\"text\">What is the key risk going forward?<\/span><\/h3>\n<p data-start=\"5522\" data-end=\"5598\">Rising competition in quick commerce, especially after Amazon Now expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Commerce Drives Earnings Beat as Profit Jumps Sharply Above Estimates Eternal Ltd reported a strong Q4FY26 performance on April 28, with net profit rising sharply above analyst estimates, driven by a turnaround in its quick commerce business Blinkit. The company posted a net profit of \u20b9174 crore, compared with \u20b9102 crore in Q3FY26 and [&hellip;]<\/p>\n","protected":false},"author":4,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1331],"class_list":{"0":"post-25171","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":1331,"user_id":4,"is_guest":0,"slug":"sourabh","display_name":"Sourabh Sharma","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/11\/Sourabh-Sharma.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25171","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=25171"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25171\/revisions"}],"predecessor-version":[{"id":25173,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/25171\/revisions\/25173"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/25172"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=25171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=25171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=25171"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=25171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}