Eternal Q2 Profit Surges 92%; Jio Platforms IPO Sees Strong Bidding

21 Oct 2026, 7:04 pm · 1d ago · 1 min read · YourStory

Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year surge in net profit to Rs 125 crore for Q2 FY27, up from Rs 65 crore last year. Revenue rose 78% year-on-year to Rs 24,138 crore, though profit missed analyst expectations of Rs 250 crore. Meanwhile, Jio Platforms witnessed rapid demand as its initial public offering was oversubscribed within two hours in the qualified institutional buyers category. In early-stage dealmaking, consumer research startup Vectorial secured $3 million in fresh funding to scale its artificial intelligence platform simulating human behaviour.