Eternal’s revenue surged 70% as Blinkit’s quick commerce orders surpassed Zomato’s for the first time, boosting market dominance.

• Blinkit’s net order value jumped 127% to ₹92.03 billion, outpacing Zomato’s sales in June quarter.
• Total revenue rose to ₹71.67 billion, but net profit plunged 90% due to Blinkit’s high operational costs.
• Margins likely bottomed; company expects Blinkit’s losses to shrink if competitive intensity remains stable.