** Online food and grocery delivery firm, Eternal ETEA.NS, to report Q2 results on the day
** Analysts expect co to report a q/q profit rise as quick commerce arm Blinkit's store density improves unit economics and discounting eases
** Four analysts expect Blinkit's adjusted core loss to narrow q/q, but remain higher y/y
** ICICI Securities, Elara Capital expect Blinkit's adjusted core loss to narrow to 1 bln rupees ($11.36 million) from 1.62 bln rupees
** ICICI Securities, Motilal Oswal expect Blinkit's adjusted EBITDA margin loss between 0.7% and 0.6% vs 1.4% in Q1
** Eternal rated 'buy' on avg by 31 analysts, rival Swiggy rated 'buy' on avg by 25 analysts - data compiled by LSEG
** YTD, as of Wednesday's close, ETEA up 27% vs SWIG's 18% decline
($1 = 88.0000 Indian rupees)
(Reporting by Ananta Agarwal in Bengaluru)
((Ananta.Agarwal@thomsonreuters.com))