Eternal Q1 results preview: Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, is likely to report another quarter of healthy revenue and earnings growth for the April-June quarter of the financial year 2026-27 (Q1 FY27), driven by continued momentum in its quick commerce business Blinkit, steady food delivery growth and improving profitability.
Eternal (Zomato) Q1 results date and time
“…we wish to inform you that the meeting of the board of directors of the Company is scheduled to be held on Wednesday, July 22, 2026, to interalia, consider and approve the unaudited financial results (standalone and consolidated) of the Company for the quarter ended June 30, 2026 (“Financial Results”),” Eternal said in an exchange filing earlier on July 15.
The company had announced its Q4 FY26 earnings at around 3.14 PM on April 28. Therefore, it is expected to declare its Q1 FY27 results at around the same on Wednesday, July 22.
Eternal (Zomato) Q1 results preview (Consolidated QoQ)
According to consensus estimates, Eternal’s net profit is likely to jump 71.4 per cent to Rs 300 crore in the reporting quarter from Rs 174 crore posted in the previous quarter.
The company is expected to report revenue of around Rs 20,000 crore, up 15.7 per cent quarter-on-quarter from Rs 17,292 crore.
EBITDA is estimated to rise 36.5 per cent QoQ to Rs 664 crore in Q1 FY27 from Rs 486 crore in Q4 FY26, while EBITDA margin is seen improving by nearly 50 basis points to 3.3 per cent in the June quarter against 2.82 per cent posted in the previous quarter.
Segment-wise expectations: QoQ
Food delivery business is seen delivering steady growth with revenue estimated to stand at Rs 2,261 crore, representing 10 per cent QoQ growth from Rs 2.054 crore. NOV is expected to increase 9.2 per cent to Rs 8,967 crore in Q1 FY27 against Rs 8,210 crore posted in Q4 FY26.
Contribution margin is projected at 9.9 per cent of NOV, while EBITDA margin is expected at 5.2 per cent of NOV, indicating continued profitability in the mature business.
Blinkit is expected to remain the growth engine as the quick commerce business is likely to continue outpacing the rest of the portfolio.
Blinkit’s revenue is seen at Rs 2,400 crore, up 40.5 per cent QoQ from Rs 1,709 crore in Q4 FY26.
Gross Order Value (GOV) is expected to increase 25.5 per cent QoQ to Rs 11,821 crore, while Net Order Value (NOV) growth is estimated at around 20 per cent sequentially.
Contribution margin is seen at 5.5 per cent of NOV, while EBITDA margin is likely to remain modest at 0.6 per cent of NOV as the company continues investing in expansion.
Estimates expect Blinkit’s dark store count to reach 2,468, implying the addition of 225 new stores during the first quarter of the financial year 2026-27.
Management has earlier given guidance for 3,000 dark stores by March 2027.
The Going Out (District) segment is expected to report revenue of Rs 207 crore, down around 10 per cent QoQ, although NOV is likely to rise 7.5 per cent to Rs 201 crore in the quarter under review.
Hyperpure, the company’s B2B supplies business, is expected to post revenue of Rs 2,295 crore, reflecting growth of around 25 per cent over the year-ago quarter.
- Investors will closely watch management’s commentary on:
- Competitive intensity in quick commerce and food delivery
- Growth outlook for Blinkit and food delivery GOV/NOV
- Margin trajectory across businesses
- Performance of newly opened stores versus mature stores
- Dark store expansion plans
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
