Eternal reports 92.3 percent second-quarter profit growth. Axis sets target for Eternal stock
Published on 10/27/2026 at 09:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly growth and targets
- Eternal reported INR 1.25 billion in net income for the second quarter ended September 30, 2026.
- Blinkit quick-commerce net order value grew 79.3 percent year over year in the September 2026 quarter.
- Eternal had a market capitalization of INR 3.0 trillion as of October 27, 2026.
Eternal Limited (ISIN INE758T01015) reported a 92.3 percent year-over-year increase in net income for the second quarter ended September 30, 2026. On October 26, Business Standard reported that Axis Securities set a target of INR 365 per share for Eternal.
The result showed rapid expansion alongside continued investment. According to MarketScreener on October 21, revenue reached INR 244.89 billion, compared with INR 139.42 billion a year earlier, while net income rose to INR 1.25 billion from INR 650 million.
Three results shaped the story
The chronology is compact but material. On October 21, 2026, Eternal reported INR 1.25 billion in second-quarter net income. On October 22, 2026, Business Standard reported the stock at INR 314 after the results. On October 26, 2026, Axis Securities set its INR 365 target.
What does Blinkit mean for profit?
Blinkit remains the clearest operating growth engine. Its quick-commerce net order value rose 79.3 percent year over year to INR 20,940 crore in the September 2026 quarter, supported by 399 million orders and 37 million monthly customers, while adjusted earnings before interest, taxes, depreciation and amortization reached INR 184 crore, according to Business Standard. Food-delivery net order value grew 21.5 percent to INR 11,445 crore, with adjusted EBITDA of INR 627 crore and a 5.5 percent margin.
Expansion remains the key test
Management raised its Blinkit store target to more than 3,500 locations by March 2027, from 3,000, and to 5,000 by March 2028. That expansion can widen the revenue base, but the margin profile will determine how much of the growth reaches group earnings. Eternal's four operating areas are food delivery, quick commerce, going-out and B2B supplies, according to its investor-relations page.
Market value and trading context
Eternal's market capitalization was INR 3.0 trillion as of October 27, 2026. The stock was at INR 326.55 on the NSE on October 27, 2026 at 1:56 p.m. IST, giving investors a dated reference for the reaction to the September quarter.
Eternal stock facts
- Company: Eternal Limited
- ISIN: INE758T01015
- Ticker: ETERNAL
- Primary exchange: NSE
- Market capitalization: INR 3.0 trillion (as of October 27, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
Market context: Market report BSE Sensex.
