Eternal Limited (earlier Zomato), which runs food delivery platform Zomato and quick commerce firm Blinkit, on April 28 said its quarterly profit after tax increased 71 percent year-on-year (YoY) to Rs 174 crore in the fourth quarter (Q4) of the financial year 2025-26 (FY26). It was Rs 39 crore in the same period last year. In the third quarter of FY 2026, the company had registered a PAT of Rs 102 crore. In a Reuters-LSEG poll of analysts, Q4 net profit was estimated at Rs 121 crore. This better-than-expected performance was driven by continued growth in the company's quick-commerce unit Blinkit and steady expansion in its core food delivery business (which also includes Zomato).

Increase in Eternal's revenue

The company's profit for the entire financial year was Rs 366 crore, which is 31 percent less as compared to Rs 527 crore of the previous financial year. Whereas in the financial year 2024, the net profit of the company was Rs 351. Eternal's operational revenue increased by 196 percent to Rs 17,292 crore in Q4, from Rs 5,833 crore a year ago. In the last quarter, the company had registered a revenue of Rs 16,315 crore. For the full year, the company reported consolidated operating revenue of Rs 54,364 crore, up 169 per cent (YoY) compared to Rs 20,243 crore in FY20.

There is no reduction in expenses either

The stock market responded positively to these results. The stock gained ground erasing all its losses during the day. The stock recovered by 5.5 percent from the day's low and in afternoon trade it was trading at Rs 258.4 with a rise of 1.1 percent. The Gurugram-based company's total expenses increased to Rs 17,406 crore in the quarter ended March, from Rs 6,104 crore a year ago and Rs 16,493 crore a quarter earlier. For the full year, the company's expenses stood at Rs 55,145 crore, which is 167 percent more than last year's Rs 20,623 crore. Zomato ended the quarter with a cash balance of Rs 17,972 crore, slightly higher than Rs 17,820 crore in the previous quarter.

How much increase in food delivery?

1. Adjusted revenue of its food delivery business grew 30 percent year-on-year (YoY) to Rs 3,125 crore in the March quarter, from Rs 2,409 crore at the same time last year. Compared to the previous quarter, revenue increased by Rs 3,053 crore.
2. Net order value (NOV) for this business increased from Rs 9,846 crore in Q3FY26 to Rs 9,757 crore in the March quarter. On YoY basis, NOV grew from Rs 8,210 crore in Q4FY25.
3. Zomato's average monthly transacting customers (MTCs) increased to 25.4 million from 24.9 million a quarter ago. At the same time last year, there were 20.9 million MTCs on the platform.

Blinkit also made huge money

1. Eternal's quick commerce arm Blinkit reported an adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of Rs 37 crore in Q4FY26, compared to a loss of Rs 178 crore at the same time last year. Compared to the previous quarter, the adjusted EBITDA recorded in Q3FY26 was more than Rs 4 crore.
2. Blinkit's revenue increased from Rs 1,709 crore in Q4 FY25 to Rs 13,232 crore as the company moved to an inventory ownership model. In the last quarter it had registered a revenue of Rs 12,256 crore.
3. Meanwhile, its NOV rose 95 per cent to Rs 14,386 crore in the March quarter, compared to Rs 7,362 crore in Q4 FY25 and Rs 13,300 crore in the previous quarter.
4. Blinkit's net average order value (AOV) declined to Rs 525 in Q4 from Rs 547 in the previous quarter and Rs 665 in the same period last year.
5. The number of its dark stores increased to 2,243 in Q4 FY26 from 1,301 last year. The company added 216 new stores in this quarter. Blinkit's average monthly transacting users increased from 13.7 million in Q4 FY25 to 27.2 million in the quarter.

business of going out

The revenue of Zomato's outgoing business increased by 21 percent to Rs 277 crore in Q4 FY26, compared to Rs 229 crore in Q4 FY25. Compared to the previous quarter, the revenue decreased by Rs 300 crore in Q3. The NOV of this business increased from Rs 2,587 crore a quarter ago to Rs 2,736 crore in Q3. The company had recorded NOV of Rs 1,868 crore last year.