Eternal Q4 Revenue Up 186% YoY to ₹17,680 Crore

Eternal Limited reported Q4FY26 consolidated Adjusted Revenue of ₹17,680 crore, up 186% YoY, driven by quick commerce shift to 1P model.
Consolidated Adjusted EBITDA grew 160% YoY to ₹429 crore, with food delivery margin at 5.5% and Blinkit turning profitable at ₹37 crore EBITDA.
Company ended quarter with strong cash balance of ₹17,972 crore and provided growth guidance targeting $1 billion EBITDA by FY29.
Founder Deepinder Goyal discussed business resilience, AI strategy, and physical operations moat in comprehensive shareholder letter.