# Eternal revises Blinkit store target as Q2 net profit rises 92%

> Eternal raises Blinkit store target to 3,500 by March 2027 after Q2 net profit jumps 92%.
- Title: Eternal revises Blinkit store target as Q2 net profit rises…
- Summary: Eternal raises Blinkit store target to 3,500 by March 2027 after Q2 net profit jumps 92%. Eternal increased Blinkit's store target to 3,500 by March 2027 as…
- Keywords: eternal, blinkit, q2 fy27, net profit, store target, 3500 stores, march 2027, revenue growth, ebitda margin, food delivery, news, india
- Source: mint — https://livemint.com/companies/company-results/eternal-revises-blinkit-store-target-as-q2-net-profit-rises-92-11792587954055.html
- Author: Sowmya Ramasubramanian
- Published: 2026-10-21T13:55:58+00:00
- Read time: 1 min
- Topics: eternal, blinkit, q2 fy27, net profit, store target, 3500 stores, march 2027, revenue growth, ebitda margin, food delivery, news, india
## Eternal revises Blinkit store target
Eternal raised Blinkit’s store expansion target to 3,500 by March 2027 from 3,000.
## Q2 net profit rises 92%
Net profit increased 92.3% to ₹125 crore from ₹65 crore a year ago.
## Blinkit adds 308 net stores
Blinkit added 308 net stores in September quarter, taking network to 2,751.
## Ebitda margin improves
Blinkit’s adjusted Ebitda margin improved for sixth consecutive quarter to 0.9% of net order value.
## Blinkit becomes profitable
Blinkit reported adjusted Ebitda of ₹184 crore, a profit against ₹156 crore loss a year earlier.
## Eternal's revenue growth
Consolidated revenue from operations rose 77.6% year-on-year to ₹24,138 crore.
## Eternal's store expansion confidence
Management expects faster store rollout to be offset by mature stores' gains.
## Smaller cities offer better returns
Smaller cities provide attractive paybacks and lower competition for Blinkit expansion.
## Blinkit's NOV growth
Blinkit’s net order value rose 79.3% year-on-year to ₹20,940 crore.
## Eternal's cash balance
Eternal ended September with cash balance of ₹16,475 crore, down ₹1,813 crore.
## Dark AI announcement
Eternal announced Dark AI, a privacy-focused AI assistant with end-to-end encryption.
## Hyperpure revenue growth
Hyperpure reported revenue growth of 22.7% to ₹1,154 crore and adjusted Ebitda of ₹10 crore.
## Eternal shares close lower
Eternal shares closed 2.45% lower at ₹312.35 on National Stock Exchange.
## Key takeaway

Eternal increased Blinkit's store target to 3,500 by March 2027 as Q2 net profit rose 92% to ₹125 crore.