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Zomato and Blinkit parent Eternal sees strong profit growth

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Zomato and Blinkit parent Eternal sees strong profit growth
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Athira Sethu

Kochi, 22 Oct 2026

For the September quarter, Eternal, the company running Zomato and Blinkit, saw a remarkable rise in its profits. Eternal said on October 21 that its net profit rose by 92.31% compared to the September quarter last year.

The net profit of the company was ₹125 crore for the September quarter, up from ₹65 crore during the same quarter in the last financial year. The company’s profit was up by 35.87% from the previous quarter.

There has also been an excellent growth in the operating income of the company. The operating income was 77.62% higher at ₹23,138 crore as against ₹13,590 crore in the same quarter last year. As compared to the previous quarter, there was an increase in operating income of 19.43%.

Operating profit or EBITDA increased by 214.64% to ₹752 crore. The operating profit in the same quarter last year was ₹239 crore. The EBITDA indicates the profit made by the company from its primary operations before taking into account some expenses. The EBITDA margin has also improved to 3.12% from 1.76% last year.

Growth seen in Blinkit and Zomato

The revenues from Blinkit, the quick-commerce venture of Eternal, have been ₹19,152 crore. Quick commerce is about delivering the groceries and other products that people use on a day-to-day basis.

The net order value in Blinkit grew by 79.3% from a year ago to ₹20,940 crore. At the same time, 308 new stores were added bringing the total stores of the company to 2,751.

Revenues of ₹3,396 crore came in from the food ordering and delivery operations of Zomato. Net order value grew by 21.5% to ₹11,445 crore. The company stated that its food delivery operations have grown fast in five consecutive quarters.

Going out operations show improvements

District, the going-out operation of Eternal that includes dining and entertainment, saw a 58% growth year-on-year in net order value to ₹3,259 crore.

Adjusted EBITDA margin of the business improved to negative 2%, as against negative 3.1% the year before.

Focus on Long-Term Growth

The founder and vice-chairman of Eternal, Deepinder Goyal, expressed satisfaction in how the company is performing at present. Nevertheless, he stated that the focus of the company lies in long-term growth and not just the performance in one quarter. Furthermore, he said that the long-term food delivery growth target for the company still stands at over 20%.

Lastly, Eternal has decided to integrate the companies related to going-out business into a subsidiary firm named Zomato Entertainment Private Limited.

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