Eternal’s Q2 Paradox, Zepto’s $7 Bn Valuation Sprint & More

Eternal’s Q2 Quandry

Eternal’s Q2 results told a story of stark contrasts. Despite soaring revenues, the consumer services giant’s profits nosedived due to rising expenses and Blinkit’s inventory-led pivot, which cost the parent dearly. 

Here are the key takeaways from Eternal’s Q2 FY26 show:

• Net profit plunged 63% YoY to INR 65 Cr
• Operating revenue soared 183% YoY to INR 13,590 Cr
• Total expenses zoomed 189% YoY to INR 13,813 Cr
• Zomato revenue rose 24% YoY to INR 2,485 Cr, and…