Foodtech and quick commerce platform Eternal (formerly Zomato) reported its financial results for the quarter ended June 2026 (Q1 FY27) on Wednesday.
Eternal’s revenue from operations grew to Rs 20,211 crore in Q1 FY27 in contrast to Rs 7,167 crore in Q1 FY26, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE).
Eternal operates multiple businesses, including its food delivery marketplace, B2B supplies platform Hyperpure, and quick commerce arm Blinkit.
Including revenue from other segments and non operating income, Eternal's total income rose to Rs 20,586 crore in Q1 FY27.
Brokerage firm Kotak Institutional Equities retained its 'Buy' rating on Eternal ahead of its Q1 FY27 results, citing continued strength in the company's quick commerce business.
Foodtech and quick commerce platform Eternal (formerly Zomato) reported its financial results for the quarter ended June 2026 (Q1 FY27) on Wednesday. The Gurugram-based company posted a nearly 3.7X year-on-year increase in net profit to Rs 92 crore during the period.
Eternal’s revenue from operations grew to Rs 20,211 crore in Q1 FY27 in contrast to Rs 7,167 crore in Q1 FY26, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE).
The sharp rise in revenue was driven by the growth of its inventory-led quick commerce business. On a quarter-on-quarter basis, operating revenue increased 17% from Rs 17,634 crore in Q4 FY26. Eternal operates multiple businesses, including its food delivery marketplace, B2B supplies platform Hyperpure, and quick commerce arm Blinkit.
Blinkit, the company's quick commerce arm, emerged as the largest revenue contributor, accounting for 77.5% of the total and reporting Rs 15,664 crore in Q1 FY27. Meanwhile, its food delivery business, Zomato, contributed 15.3% of the operating revenue and grew 37% year-on-year to Rs 3,100 crore from Rs 2,261 crore in Q1 FY26.
Meanwhile, its B2B supplies business, Hyperpure, saw revenue decline 55% quarter-on-quarter to Rs 1,034 crore, while the going out business, District, recorded 54% growth to Rs 318 crore. Including revenue from other segments and non operating income, Eternal's total income rose to Rs 20,586 crore in Q1 FY27.
Material costs accounted for 59% of the company's total expenses and stood at Rs 12,031 crore during the quarter. Delivery and related expenses grew 68.5% year-on-year to Rs 3,150 crore, while employee benefits expenses rose 29% to Rs 1,068 crore. Advertising expenses also increased 41% to Rs 945 crore during the period. Overall, Eternal's total expenditure rose to Rs 20,314 crore in Q1 FY27.
Segment-wise, the food delivery business reported a positive EBITDA of Rs 621 crore, up over 33% year-on-year. Meanwhile, Blinkit turned EBITDA positive with Rs 365 crore, compared to a loss of Rs 42 crore in the corresponding quarter of FY26, while District reported a negative EBITDA of Rs 62 crore during the same period.
At the bottom line, Eternal's net profit jumped 3.7X year-on-year to Rs 92 crore in Q1 FY27, aided by strong topline growth and non-operating income.
Brokerage firm Kotak Institutional Equities retained its 'Buy' rating on Eternal ahead of its Q1 FY27 results, citing continued strength in the company's quick commerce business.
At the end of today’s trading session, Eternal’s share price stood at Rs 289.5, giving the foodtech platform a market capitalization of Rs 2,79,378 crore (approximately $29.4 billion).
