Eternal (formerly Zomato), a foodtech and rapid commerce platform, announced its Q3 FY26 financial results on Wednesday. During that time, the Gurugram-based company's profits increased by 54%.
Key Highlights
- Eternal reports ₹16,315 crore revenue in Q3 FY26, reflecting strong operational performance.
- Founder Deepinder Goyal steps down as Group CEO amid leadership transition.
According to the company's consolidated financial statistics obtained from the National Stock Exchange (NSE), Eternal's revenue from operations increased thrice to Rs 16,315 crore in Q3 FY26 from Rs 5,405 crore in Q3 FY25.
Its inventory-led strategy in the fast commerce industry is responsible for the significant increase in revenue. In contrast, the company's revenue increased by 20% from Rs 13,590 crore in Q2 FY26. Eternal runs a number of business divisions, such as the fast commerce platform BlinkIt and the food marketplace Hyperpure.
Eternal's meal delivery company, Zomato, generated 16% of overall revenue in Q3 FY26, up 29% from Rs 2,072 crore in Q3 FY25 to Rs 2,676 crore. The fast commerce segment's (Blinkit) revenue increased significantly, from Rs 1,399 crore in Q3 FY25 to Rs 12,256 crore in Q3 FY26, a 75% increase. In the third quarter of FY26, Hyperpure, its B2B business, increased by 7% to Rs 1,070 crore.
In Q3 FY26, the Eternal Group's total revenue reached Rs 16,663 crore thanks to earnings from the "Going-out" division and other non-operating income. The company reported sales of Rs 38,126 crore for the nine-month period.
59% of the overall cost came from material costs, which increased from Rs 1,500 crore in Q3 FY25 to Rs 9,801 crore in Q3 FY26, a 6.5X increase. In Q3 FY26, delivery and associated fees rose by 64% to Rs 2,376 crore. In Q3 FY26, spending on advertising and promotion nearly doubled to Rs 937 crore, while employee benefit costs increased by 33% to Rs 914 crore.
From Rs 5,533 crore in Q3 FY25 to Rs 16,493 crore in Q3 FY26, the company's total expenditures than tripled.
Also Read: Fast-commerce Platform Eternal unveils Q4-FY25 Financial Results
The company's profit rose by 54% to Rs 102 crore in Q3 FY26 from Rs 59 crore in Q3 FY25 as a result of revenue growth exceeding expenses. During the quarter that ended in December 2025, the Gurugram-based company spent Rs 1.01 for every rupee of revenue.
Additionally, Eternal Limited notified stock markets that its founder, Deepinder Goyal, would no longer serve as Group CEO. He will remain Vice Chairman of the board.
According to the corporation, Albinder Dhindsa will become Eternal's new Group CEO. A letter addressed to shareholders and submitted to stock exchanges contained the disclosure.
