Eternal (parent to Blinkit) is projected to deliver ~137% YoY revenue growth in Q2, driven by bolstered grocery and quick commerce sales. However, analysts anticipate a steep PAT drop — up to 71% — due to rising marketing spends, rider incentives, and supply chain costs. EBITDA margins are expected to remain under pressure. The dual narrative of fast growth and profitability risk sets up a high-stakes earnings print. Investors will watch margin recovery and cost control.