# Eternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase.

*business · news · 2026-04-29 · The Economic Times*

## Key points

- Eternal's net profit surged 346% YoY to Rs 174 crore, driven by Blinkit's performance.
- Blinkit's quick commerce business now reports full value of goods sold, not just commissions.
- Management guides for Blinkit's NOV growth CAGR of 60%+ over three years, nearing quadruple current scale.
- Multiple brokerages maintain Buy/Outperform ratings, but several have cut their target prices post-results.
- Eternal targets $1 billion adjusted EBITDA by FY29, but guidance is lower than previous consensus.

**Companies:** Eternal
**Countries:** India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/eternal-shares-rally-over-4-after-strong-q4-results-what-jefferies-goldman-sachs-5-others-are-saying/articleshow/130595287.cms)

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