Eternal Q3 FY26 profit jumps 73% to ₹102 crore, revenue surges 202%

Alongside the Q3 FY26 results, Deepinder Goyal said he would step down as Eternal's Group CEO to pursue higher-risk experimentation, with Blinkit chief Albinder Dhindsa set to take over

Eternal, the parent company of food delivery major Zomato, on Wednesday reported a 73 per cent surge in its consolidated net profit to ₹102 crore in the third quarter of the financial year 2025-26 (Q3 FY26). The company's profit during the same period last year stood at ₹59 crore. On a quarter-on-quarter (Q-o-Q) basis, profit increased 57 per cent from ₹65 crore.

Eternal's revenue from operations for the quarter surged 202 per cent year-on-year (Y-o-Y) to ₹16,315 crore from ₹5,405 crore. Sequentially, revenue was up 20 per cent from ₹13,590 crore.

 

What drove Eternal’s Q3 FY26 performance?

The spike in performance was largely driven by the company’s quick commerce arm Blinkit and its B2B sourcing platform Hyperpure. Blinkit’s net order value (NOV) rose 121 per cent Y-o-Y to ₹13,300 crore during the quarter, the company said. It added that the NOV was reduced by about three percentage points due to the revised goods and services tax (GST) rates.

 

 

Food delivery NOV increased 16.6 per cent to ₹9,846 crore, while the going-out segment recorded an NOV of ₹2,587 crore, up 19.9 per cent.

 

Eternal Q3 FY26 results: Key financial highlights

Eternal's earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter stood at ₹364 crore, up 28 per cent Y-o-Y. Here's a look at segment-wise performance (Ebitda):

 

• Food delivery: ₹531 crore
• Quick commerce: ₹4 crore
• Going out: ₹121 crore loss
• Hyperpure: ₹1 crore

 

Why is Deepinder Goyal stepping down as Eternal Group CEO?

Along with the results, Zomato’s Deepinder Goyal announced that he was stepping down as the Group chief executive officer (CEO). He said he had recently been drawn to new ideas that involve higher-risk exploration and experimentation. "These are the kinds of ideas that are better pursued outside a public company like Eternal," he said in a letter to shareholders.

 

He added that Albinder Dhindsa, founder and CEO of Blinkit, would take over as Eternal's new Group CEO.

 

"Dhindsa has the DNA of a battle-hardened founder and his ability to execute far exceeds mine. He is more than capable of leading Eternal as Group CEO. Blinkit remains our largest growth opportunity and will remain as Albi’s top priority. Our decentralised structure, where each business has a CEO with full ownership, continues unchanged and will help Albi execute this well," Goyal said.