Eternal Zomato Blinkit profits jump as quick commerce margins improve and growth accelerates

Blinkit growth seen topping 60% in coming years

Eternal, the parent of Zomato and Blinkit, reported a blockbuster March quarter with revenue up threefold and net profit rising 4.5 times. Improved quick commerce margins helped drive the turnaround, while net order value crossed $10 billion across businesses. The company expects that figure to double in two years, with Blinkit’s growth projected to exceed 60% over the next three years.