Eternal (the parent company of Zomato, Blinkit, and District) reported its Q4 FY26 financial results on Tuesday, April 28, 2026, revealing a massive 346% year-on-year (YoY) surge in consolidated net profit.
The company reported a profit of ₹174 crore for the quarter ended March 31, 2026, compared to ₹39 crore in the same period last year. This performance was driven by the explosive growth of its quick commerce arm, Blinkit, and steady improvement in food delivery margins.
1. Financial Snapshot: Q4 FY26
Eternal’s top-line and bottom-line figures showed significant expansion as the company scaled its integrated services across India.
| Metric | Q4 FY26 | Q4 FY25 | Change (YoY) |
| Net Profit (PAT) | ₹174 Crore | ₹39 Crore | ▲ 346.2% |
| Revenue from Operations | ₹17,292 Crore | ₹5,833 Crore | ▲ 196.5% |
| Adjusted EBITDA | ₹429 Crore | ₹165 Crore | ▲ 160.0% |
- Sequential Growth: On a quarter-on-quarter (QoQ) basis, net profit rose 70.6% from ₹102 crore in Q3 FY26, showcasing accelerated momentum toward the end of the fiscal year.
- Stock Reaction: Following the earnings announcement, Eternal’s shares settled 1.09% higher at ₹258.28 on the NSE, despite a slightly volatile week for the broader tech sector.
2. Segment Performance Breakdown
The “Eternal” ecosystem—which includes Zomato, Blinkit, and the new “Going-out” brand District—showed varying degrees of maturity and growth.
- Quick Commerce (Blinkit): Remained the primary growth engine with revenue surging 95.4% YoY. Blinkit added 216 new stores during the quarter, bringing its total count to 2,243. It also achieved an Adjusted EBITDA of ₹37 crore, signaling a successful transition into sustainable profitability.
- Food Delivery (Zomato): Gross Order Value (GOV) grew 22.5% YoY. The segment’s Adjusted EBITDA margin improved to 5.5%, yielding an absolute profit of ₹532 crore.
- Going-out (District): This newer vertical, focused on dining and events, saw NOV growth accelerate to 46.5% YoY, while narrowing its Adjusted EBITDA losses to ₹81 crore (down from ₹121 crore in the previous quarter).
- Hyperpure: The B2B restaurant supply business saw revenue growth improve to 37% YoY, posting a small Adjusted EBITDA profit of ₹5 crore.
3. “The $10 Billion Milestone”
In his letter to shareholders, Founder and CEO Deepinder Goyal highlighted a major structural milestone for the company’s scale.
- GMV Achievement: In FY26, approximately 109 million Indians completed transactions worth over $10 billion (approx. ₹83,000+ crore) through the combined Blinkit, District, and Zomato platforms.
- CEO Quote: “The company I accidentally started now touches how India eats, shops, and goes out. But it took us 18 years to get to $10 billion (per year).”
