Eternal’s Q2 Results Analyzed

Eternal, the company behind Zomato, is preparing to release its second-quarter (Q2FY26) results on October 16, 2025. Analysts are predicting some big changes when they share the numbers. Let’s break down what’s expected.

Key Points

• Experts forecast a significant drop in profit for Eternal in Q2FY26.
• Revenue is projected to increase substantially, driven by growth in Blinkit.
• Blinkit’s rapid store expansion will be a major driver of revenue growth.
• Analysts expect a shift in how Blinkit operates, impacting profitability.
• Food delivery revenue will see growth, largely due to increased order volume.
• Several brokerages offer different projections, highlighting varied expectations for the company.

Overall, Eternal is expected to see a decrease in its profit compared to the previous year. Analysts predict a 61% drop in profit, meaning the company is anticipating challenges during this quarter.

However, revenue is expected to jump significantly. This growth will be mainly because Blinkit, a fast delivery service, is growing quickly, adding more stores.

Blinkit’s growth is key – they plan to open a lot more stores, which will lead to more deliveries and therefore more money for Eternal.

Because Blinkit is changing how it operates (moving to a system where they sell products directly), this will affect how much money the company makes. This shift is expected to boost revenue significantly.

Experts believe the food delivery business will also grow, with more people ordering food through Eternal’s platform. They’re predicting an increase in the number of orders being placed.

Different analysts have varying predictions. Some think revenue will increase by 43%, while others estimate a higher figure of around ₹8,074 crore. This variation shows how uncertain the company’s future looks.

For example, Kotak Institutional Equities projects substantial growth in Blinkit’s gross merchandise value (GMV) and revenue, highlighting the potential of their delivery service.

Nuvama Institutional Equities and JM Financial Institutional Equities provide further insights, offering different estimates for revenue growth and profitability margins.

Ultimately, Eternal’s Q2 results will reveal how well the company is adapting to these changes and whether these growth predictions will come true.

The upcoming results will be crucial in determining Eternal’s strategic direction and future success.