Blinkit Q1 revenue hits Rs 15,664 crore, EBITDA turns positive
Eternal's Q1 FY27 numbers show Blinkit contributing more than three quarters of group revenue as the quick commerce arm swings to an operating profit.
- Eternal group revenue rose to Rs 20,211 crore, up from Rs 7,167 crore a year earlier
- Blinkit posted Rs 15,664 crore in revenue, about 77.5 percent of the group total
- Blinkit swung to adjusted EBITDA of Rs 365 crore from a loss of Rs 42 crore
- Net profit reached Rs 92 crore, roughly 3.7 times the year earlier figure
Blinkit drives the quarter
Eternal, the parent of Blinkit and Zomato, reported consolidated revenue from operations of Rs 20,211 crore for the quarter ended June 2026, against Rs 7,167 crore a year earlier, according to Entrackr. Net profit rose to Rs 92 crore, about 3.7 times the same quarter of FY26. Blinkit, the quick commerce arm, was the largest contributor, posting Rs 15,664 crore in revenue, or roughly 77.5 percent of the group total. The business swung to an adjusted EBITDA of Rs 365 crore from a loss of Rs 42 crore a year ago, a turnaround that management has been signalling for several quarters.
Food delivery and other bets
The food delivery business reported revenue of about Rs 3,100 crore, up 37 percent year on year, while the going out segment, District, grew 54 percent to Rs 318 crore, Entrackr reported. Hyperpure, the business to business supply arm, came in at Rs 1,034 crore. Total expenses stood at Rs 20,314 crore, keeping consolidated margins thin even as the top line expanded sharply. The mix underlines how far Blinkit has shifted the centre of gravity at Eternal, with quick commerce now the dominant revenue line rather than food delivery, which had long been the group’s core.
Why it matters: for Indian consumer brands, Blinkit crossing Rs 15,000 crore in a single quarter confirms that quick commerce is now a primary sales and advertising channel rather than an experiment, and warrants dedicated pricing, pack size and inventory planning rather than a share of leftover ecommerce budgets.
Zane’s analysis draws on original reporting by Entrackr. Read the original report.