Eternal Q4 Results: Profit Jumps 346% To ₹174 Crore; Share Rises
- By Kotak News Desk
- 29 Apr 2026 at 10:51 AM IST
- Market News
- 4m

Eternal Ltd, the parent of Zomato and Blinkit, reported a sharp 346% YoY jump in Q4 FY26 consolidated net profit to ₹174 crore, surpassing estimates. Revenue rose 196% YoY to ₹17,292 crore, driven largely by strong momentum in Blinkit’s quick commerce business.
Eternal Ltd, which runs the food delivery platform Zomato and quick commerce arm Blinkit, reported strong Q4 FY26 numbers. Its consolidated net profit jumped 346% year-on-year (YoY). The company beat Street estimates with ease. The numbers point to faster scale-up across its core businesses.
Consolidated profit after tax (PAT) came in at ₹174 crore, up from ₹39 crore in Q4 FY25 and ₹102 crore in the December quarter. Revenue from operations surged 196.5% YoY to ₹17,292 crore, against ₹5,833 crore a year ago and ₹16,315 crore in the previous quarter.
Eternal shares moved up in early trade on Wednesday after the company posted its Q4 results. The stock rose over 4% during the session. It touched a high of ₹265.25, up 4.51%. It closed 1.1% higher at ₹258.28 on the National Stock Exchange (NSE) on Tuesday.
Important Numbers At A Glance
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PAT (Q4): ₹174 crore, up 346% YoY
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Revenue from Operations (Q4): ₹17,292 crore, up 196.5% YoY
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Total income (Q4): ₹17,634 crore, up 184% YoY
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Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) (Q4): ₹486 crore, up 575% YoY
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EBITDA Margin (Q4): 2.8% vs 1.2% YoY
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FY26 PAT: ₹366 crore, down 31% YoY
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FY26 Revenue: ₹54,364 crore, up 169% YoY
Segment Performance For Q4
Blinkit was the standout performer, with net order value (NOV) jumping 95.4% YoY and 8.2% sequentially to ₹14,386 crore. The dark store count reached 2,243, with 216 new stores added during the quarter. Adjusted EBITDA swung to a profit of ₹37 crore, against a loss of ₹178 crore a year ago and ₹4 crore in Q3. Average monthly transacting users nearly doubled YoY to 27.2 million, though average order value slipped to ₹525 from ₹665 a year ago.
For the core food delivery business, the company reported 18.8% YoY growth in NOV, marking its third straight quarter of acceleration and moving closer to its long-term 20% target. Adjusted EBITDA increased 24% YoY to ₹532 crore, with margins at 5.5% of NOV. Monthly transacting customers rose sequentially to 25.4 million from 24.9 million a quarter ago.
The going-out segment, District, posted a sharp rebound with NOV up 46.5% YoY. Adjusted EBITDA loss narrowed to ₹81 crore from ₹121 crore in Q3.
Hyperpure, the B2B restaurant supplies arm, grew revenue 37% YoY and turned marginally profitable with adjusted EBITDA of ₹5 crore.
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Other Highlights
Eternal ended the quarter with a cash balance of ₹17,972 crore, up slightly from ₹17,820 crore in the previous quarter.
Management reiterated its confidence in achieving 5–6% margins over time and laid out a long-term ambition of reaching $1 billion in adjusted EBITDA by FY29. Blinkit is expected to deliver ~60% compound annual growth rate (CAGR) in NOV over the next three years, with the company projecting overall annual NOV to double from $10 billion to $20 billion in under two years.
Sources:
NDTV Profit
Moneycontrol
Times Now
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
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