Eternal Q4 Results 2026: Zomato-parent Eternal posted its results for the quarter ended March 2026 (Q4FY26) today, Tuesday, 28 April, during market hours. The company’s consolidated net profit for the quarter under review soared 346% to ₹174 crore as against ₹39 crore in the same period last year. Sequentially, it rose 70.58% from ₹102 crore in the December quarter.
Meanwhile, its revenue from operations also surged 196.5% to ₹17,292 crore versus ₹5,833 crore in the year-ago quarter. Sequentially, it surged 5.98% from ₹16,315 crore in Q3FY26.
Eternal FY26 results: Key highlights
FY26 Revenue: Eternal reported revenue from operations of ₹54,364 crore in FY26, compared to ₹20,243 crore in FY25, driven by strong growth across food delivery, quick commerce, and adjacent businesses.
FY26 profit: Profit for the full financial year came in at ₹366 crore, up 31% as against to ₹527 crore in the previous financial year.
Food delivery: Zomato’s net order value (NOV) grew 18.8% YoY (-0.9% QoQ), marking the third consecutive quarter of improvement and nearing the long-term 20%+ YoY target. Gross order value (GOV) rose 22.5% YoY. Adjusted EBITDA margin (as % of NOV) improved to 5.5%, with absolute Adjusted EBITDA at ₹532 crore, up 24% YoY.
Adjusted revenue from the food delivery business grew 30% YoY to ₹3,125 crore from ₹2,409 crore, and increased sequentially from ₹3,053 crore.
Blinkit: Quick commerce NOV surged 95.4% YoY (8.2% QoQ). The company added 216 net new stores during the quarter, taking total store count to 2,243. Adjusted EBITDA improved to ₹37 crore (0.3% of NOV) from ₹4 crore in the previous quarter.
Going-out business narrows losses: District (going-out segment) recorded NOV growth of 46.5% YoY (5.8% QoQ). Adjusted EBITDA loss reduced to ₹81 crore from ₹121 crore in Q3FY26, with margin improving to -3.0% from -4.7%.
Hyperpure: Restaurant supply business revenue growth rose to 37% YoY versus 33% in the previous quarter. Adjusted EBITDA margin improved to 0.5%, translating to a profit of ₹5 crore, compared to ₹1 crore earlier.
MTCs: Average monthly transacting customers (MTCs) on Zomato rose to 25.4 million, up from 24.9 million in the previous quarter and 20.9 million a year ago.
Management Commentary
Deepinder Goyal stated, “Last year (FY26), 109 million Indians completed transactions worth over $10 billion through Blinkit, District, and Zomato. The company I accidentally started now touches how India eats, shops, and goes out. But it took us 18 years to get to $10 billion (per year).”
Meanwhile, Albinder Dhindsa said, “Between FY23 and FY26, Blinkit’s net order value (NOV) grew at 104% CAGR. Growth rates are now naturally moderating off a much larger base. Over the next three years, NOV growth CAGR should easily be north of 60%.”
He added, “Quick commerce today is still concentrated in the top 15-20 cities and in a relatively narrow set of categories. The headroom for growth on geography, assortment, and frequency is substantial.”
Stock reaction post earnings
Shares of Eternal settled 1.09% higher at ₹258.28 apiece on the NSE after the results announcement.