Eternal posts Rs 16,315 Cr revenue in Q3 FY26; profit grows 54%

Foodtech and quick commerce platform Eternal (formerly Zomato) released its financial results for Q3 FY26 on Wednesday. The Gurugram-based company reported a 54% increase in its profits during the period.

Eternal’s revenue from operations grew 3x to Rs 16,315 crore in Q3 FY26 in contrast to Rs 5,405 crore in Q3 FY25, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE).

The major surge in revenue is attributed to its inventory-led approach in the quick commerce business. Whereas, on a quarter-on-quarter basis, the company’s revenue rose by 20% from Rs 13,590 crore in Q2 FY26. Eternal operates several business units, including a food marketplace, Hyperpure, and a quick commerce platform, BlinkIt.

Income from Eternal’s food delivery business (Zomato) contributed 16% of the total revenue in Q3 FY26, growing 29% to Rs 2,676 crore from Rs 2,072 crore in Q3 FY25. Revenue from the quick commerce segment (Blinkit) saw significant growth, rising 75% to Rs 12,256 crore in Q3 FY26 from Rs 1,399 crore in Q3 FY25. Its B2B business, Hyperpure, saw a growth of 7% to Rs 1,070 crore during the third quarter of FY26.

Earnings from the 'Going-out' segment and other non-operating income brought the Eternal Group’s total revenue to Rs 16,663 crore in Q3 FY26. For the nine-month period, the company reported revenue of Rs 38,126 crore and is on track to cross the Rs 50,000 crore revenue milestone for the full fiscal year FY26.

The cost of material accounted for 59% of the total expense, this cost grew by 6.5X to Rs 9,801 crore in Q3 FY26 from Rs 1,500 crore in Q3 FY25. Delivery and related charges increased by 64% to Rs 2,376 crore in Q3 FY26. Employee benefit cost rose 33% to Rs 914 crore while spending on advertising and marketing almost doubled to Rs 937 crore in Q3 FY26.

Overall, the company’s overall expenditure increased by nearly 3X to Rs 16,493 crore in Q3 FY26 from Rs 5,533 crore in Q3 FY25.

With the company's revenue growth outpacing expense, its profit increased by 54% to Rs 102 crore in Q3 FY26 from Rs 59 crore in Q3 FY25. On a per-unit basis, the Gurugram-based company spent Rs 1.01 to earn every rupee of revenue during the quarter ending December 2025.

The company also informed the stock exchanges that founder Deepinder Goyal will step away from his role as Group CEO and will continue on the board as Vice Chairman.

At the end of today’s trading session, Eternal’s share price stood at Rs 283, giving the foodtech platform a market capitalization of Rs 3,32,985 crore (approximately $30 billion).