← Latest news 
Eternal’s Q4 soars yet profit teeters as Blinkit drives growth and costs explode
Business
Published on 30 April 2026
Other income props up profits as expenses sprint ahead
Eternal’s Q4 FY26 performance looks explosive on paper: profits jumped 4.5X and operating revenue surged 196%, led by Blinkit. But the company’s profitability hangs by a thread, with a large share propped up by other income while expenses rise almost as fast as revenue. The roundup also includes Snabbit’s $56M raise, Cashify’s IPO chatter, and more startup updates.
- Eternal reports 4.5X YoY net profit growth, but costs climb sharply
- Blinkit surges with 674% YoY revenue growth and dark-store expansion
- Profits would slip into loss without ₹342 Cr in other income
- Roundup includes Snabbit’s Series D raise and IPO plans for Spinny
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42