ETERNAL Eternal Q2 FY27 results (Jul–Sep 2026) and concall
The Q2 FY27 call went straight to Q&A. It focused on faster quick commerce expansion into smaller cities, reinvestment in food delivery growth as competition increases, and new AI bets, mainly dark.ai. Management said a better read on quick commerce competition after a volatile 12 months gives it the confidence to speed up store additions from OND, without a short-term hit to margins, and expects Blinkit NOV growth to pick up from 79% YoY. Food delivery margins are to stay flattish for 1-2 years so that absolute Adjusted EBITDA grows rather than percentage margin, and the $1 billion FY29 Adjus
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What they filed
Q2 FY27: revenue up 38.2%, net profit down 7.2% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,226 | 2,192 | 2,413 | 2,650 | 2,883 +30% | 2,953 +35% | 3,349 +39% | 3,663 +38% |
| EBITDA | 294 | 289 | 324 | 390 | 379 +29% | 306 +6% | 258 −20% | 295 −24% |
| Net profit | 494 | 575 | 602 | 691 | 657 +33% | 705 +23% | 585 −3% | 641 −7% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
