Eternal’s stock surged 11.65% as Blinkit’s revenue outpaced food delivery; profits fell due to Blinkit expansion spending.

• Blinkit revenue rose 155% YoY to ₹2,400 crore, overtaking food delivery’s ₹2,261 crore (+16.43% YoY) for first time.
• Eternal’s Q1 profit fell 90% to ₹25 crore despite 70% revenue growth; heavy Blinkit investments cut margins.
• Info Edge gained from Eternal’s rally; its 12.38% stake saw value rise as Eternal shares hit record highs.