Mumbai – Food‑delivery giant Eternal, which was renamed from Zomato, posted a steep 63 % decline in net profit for the July‑September quarter of FY 2026.
The company earned ₹65 crore, down from ₹176 crore in the same period last year, although it beat the ₹25 crore profit earned in the first quarter of FY 2026.
Eternal’s revenue from operations leapt 183 % year‑on‑year to ₹13,590 crore, compared with ₹4,799 crore in Q2 FY 2025.
On a sequential basis the revenue rose 90 % over the April‑June quarter, which saw ₹7,167 crore.
Adjusted EBITDA fell 32 % YoY to ₹224 crore.
Quick‑commerce arm Blinkit delivered the strongest quarter yet. Its net order value grew 137 % YoY and 27 % from the prior quarter, the highest growth in the past 10 quarters. Blinkit cut its quarterly loss to ₹156 crore from ₹162 crore and improved its adjusted EBITDA margin from –1.8 % to –1.3 % of net order value.
Eternal kept expanding its footprint, opening 272 new stores during the quarter and adding roughly 3.9 million new monthly transacting customers (MTCs). CEO Deepinder Goyal said the growing customer base fuels confidence to invest further and build District, the company’s one‑stop marketplace for India’s on‑the‑go lifestyle.
Shares of Eternal fell after hitting a 52‑week high earlier in the day. The stock closed at ₹340.50 on the NSE, down ₹13.85 (3.91 %) from the intraday high.
Source: ianslive
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