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Eternal Triple Bet Surges in Numbers Yet Profit Hinges on Other Income
Business
Published on 4 May 2026
Excluding other income, Q4 turns into a loss
Eternal’s new CEO Albinder Dhindsa inherits a strong-looking Q4 FY26, with profits up 4.5x YoY. But the key red flag is under the headline: without other income, the quarter turns into a loss as expenses spike 185%. The firm’s triple play—Blinkit quick commerce, Zomato delivery, and District going-out—shows scale now, margins later.
- Q4 net profit jumped 4.5x, but other income is masking core weakness
- Expenses surged 185% as the company expands across verticals
- Blinkit’s growth is driven by more stores and users, with tiny adjusted EBITDA
- District remains loss-making and faces seasonality tied to discretionary spending
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42