ETERNAL543320Food delivery, quick
Eternal's shareholder letter showed strong internals with food delivery growth of 21% and quick commerce (Blinkit) growth of 79%
By ScoutQuest · · 1 min read
- Food delivery growth
- 21 percent
- Quick commerce growth
- 79 percent
- Going out business growth
- 58 percent
- New dark stores added
- 308 stores
- Total dark stores now
- 2750 stores
Heard on business television between 08:21:38 - 08:24:38 IST.
- Food delivery business grew 21%, quick commerce grew around 79%, going-out business up 58%.
- 308 new dark stores added, taking total to around 2,750; management expects crossing 3,500 stores by March 2027 and 5,000 by March 2028.
- Management said food delivery market can keep compounding at 20%+ for many years.
- Cash balance decline was due to inventory build-up ahead of festive season, not a concern.
- Blinkit margins already over 5% adjusted in mature cities, and new stores in smaller cities clearing return thresholds; EBITDA margins expected to keep improving despite expansion.
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Source: Live TV News Channel · 22 Oct 2026
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