Eternal has accordingly raised its store target to 3,500 by March 2027, from 3,000 earlier. It added 308 stores last quarter, taking its footprint to 2,751, against the March 2028 target of 5,000 stores. To be sure, Eternal’s consolidated net profit miss was partly due to higher depreciation from more aggressive Blinkit expansion than expected, besides higher effective tax rates.
