Eternal Ltd, the parent company of Zomato and Blinkit, reported a sharp rise in its net profit for the fourth quarter of FY26, coming in at ₹174 crore. The figure marked a 71% sequential increase and comfortably beat market expectations, reinforcing investor confidence in the company’s growth trajectory.
On a year-on-year basis, the company’s profit surged over fourfold from ₹39 crore, underlining the scale of its turnaround. The strong earnings performance comes at a time when Eternal has been focusing on improving operational efficiency while expanding its quick commerce and food delivery businesses.
The earnings announcement triggered a positive response in the stock market, with shares recovering from earlier losses to trade over 1% higher during the session. This rebound reflects investor optimism around the company’s improving profitability and revenue momentum.
Revenue Growth Driven by Blinkit and Core Business Expansion:
A key highlight of the quarter was the sharp jump in revenue from operations, which rose 196% year-on-year to ₹17,292 crore. Sequentially, revenue also recorded steady growth, indicating sustained demand across segments.
The company’s quick commerce arm Blinkit played a major role in driving this growth. Blinkit reported strong expansion in net order value and store additions, with over 200 new stores added during the quarter, taking the total network to more than 2,200 outlets.
Food delivery, which remains a core pillar of Eternal’s business, also contributed to the overall performance. The combination of higher order volumes, improved margins, and better cost control helped the company deliver strong top-line and bottom-line growth. Adjusted EBITDA for the quarter also showed a significant improvement, reflecting better operating leverage as the company scaled its businesses.
Management Highlights Long-Term Growth Strategy:
Eternal’s leadership indicated that quarterly fluctuations are part of the nature of its business, with factors such as festive seasons, events, and entertainment cycles influencing performance. However, they emphasised that annual growth trends provide a clearer picture of the company’s underlying momentum.
The company has been focusing on strengthening its ecosystem by integrating food delivery, quick commerce, and going-out services. This multi-pronged approach is aimed at building a comprehensive consumer platform that can drive sustained growth over the long term.
Management also pointed to continued investments in technology, logistics, and supply chain capabilities as key drivers for future expansion. With increasing competition in the quick commerce space, the company is prioritising efficiency and scale to maintain its edge.
Market Reaction and Social Media Buzz Around Earnings:
The results sparked discussions across market circles and social media platforms, with analysts and investors weighing in on the company’s performance.
“Eternal Q4 net profit jumps 71% QoQ to ₹174 crore, beats estimates” – Moneycontrol
“Zomato parent Eternal reports strong Q4 with sharp profit surge” – Business Standard
“Blinkit growth continues to power Eternal’s earnings momentum” – Inc42
“Quick commerce expansion key to Eternal’s profitability turnaround” – ET Tech
Analysts noted that while revenue growth has been impressive, sustaining profitability will depend on how effectively the company manages costs and competition in the fast-growing quick commerce segment.
Overall, Eternal’s Q4 performance signals a strong finish to FY26, with robust growth across key business verticals. As the company continues to scale its operations, the focus will remain on balancing expansion with profitability, a challenge that will shape its trajectory in the coming quarters.
