Eternal's first-quarter shareholder letter shows a company where the older food delivery business is producing steady cash, Blinkit is becoming the main growth engine, and new bets such as Bistro and Nugget are still in investment mode.
The company reported 54% year-on-year (YoY) growth in B2C net order value to Rs 31,120 crore in Q1FY27. Adjusted revenue rose 173% to Rs 20,648 crore, though the company said like-for-like growth was 66% because the reported number was boosted by Blinkit's shift to an inventory-led model. Consolidated adjusted EBITDA rose 223% YoY to Rs 555 crore.
