Eternal's growth engines are firing, as it doubles down on Blinkit expansion
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Eternal reported a 78% revenue jump to ₹24,138 crore in Q2FY27, though profits missed estimates.
- ✓Blinkit remains the main growth engine, with revenue soaring 94% to ₹19,152 crore.
- ✓The company now plans to open 3,500 stores by March 2027 and also started work on a new privacy-focused AI assistant, dark.ai.
Story at a Glance
- Category
- MARKET
- Reported By
- mint
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Summary
Eternal's revenue and quick-commerce growth remain strong, but profit missed estimates. As Blinkit expands and competition intensifies, investors will watch returns on fresh investments.
Eternal usually brings some or the other exciting ingredient to the table. This time, while announcing its September quarter (Q2FY27) earnings, it spoke of launching a privacy-focused AI assistant, 'dark.ai'. The assistant would use fine-tuned frontier open-weight models and run on Eternal's own infrastructure with end-to-end encryption. Investors will closely assess how significant this could become after launch.
"We believe user adoption, independently verifiable privacy architecture, benchmarked model quality, and inference economics will determine whether dark.ai develops into a meaningful platform opportunity," said Jefferies India's analysts.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
mint
Read the full, original unfiltered story directly on the publisher's portal.