Eternal Q3 Results 2026 Highlights: Eternal, the parent company of food delivery major Zomato, announced its December quarter results (Q3FY26) on 21 January 2026. The company posted strong growth during the December quarter, supported by Blinkit and continued momentum in the quick commerce segment.
Eternal's consolidated net profit for the October-December quarter of the financial year 2025-26 jumped 73% YoY to ₹102 crore, compared to ₹59 crore in the same quarter of the previous financial year.
The company's revenue from core operations recorded 201% growth to ₹16,315 crore in Q3FY26, compared to ₹5,405 crore in the same period a year ago.
Eternal Q3 Results 2026 LIVE: Eternal shares have given stock market investors more than 449% returns on their investment in the last three years and over 31% returns on their investment in the last one-year period, according to the NSE website.
Shares of Eternal have lost 1.14% in the last one-month period, and are trading 5.50% lower in the last five trading sessions on the Indian stock market, the data showed.
Eternal Q3 Results 2026 LIVE: Eternal's share price will be in focus of the stock market investors on Thursday, 22 January 2026, after the company beat market expectations in the October to December quarter results for the financial year ending 2025-26.
Eternal shares closed 4.90% higher at ₹282.80 after Wednesday's stock market session before the Q3 results announcement, compared to ₹269.60 at the previous market close, according to NSE data.
Eternal Q3 Results 2026 LIVE: Zomato-parent Eternal founder Deepinder Goyal, in his letter to the shareholders, disclosed how he never thought 18 years ago that a ‘menu scanning company’ could be worth ‘tens of billions of dollars.’
“Eighteen years ago, the idea that a menu scanning company could be worth tens of billions of dollars, provide livelihoods to hundreds of thousands of people, and serve millions of families daily would have seemed absurd. We helped prove it was possible. And there’s a lot in store for Eternal to do over the next few decades,” said Goyal.
On Albinder Singh Dhindsa's appointment, Deepinder Goyal said that Blinkit still remains the largest growth opportunity for Eternal, and the decentralised structure will help Albinder execute operations well.
“Blinkit remains our largest growth opportunity and will remain as Albi’s top priority. Our decentralised structure, where each business has a CEO with full ownership, continues unchanged – and will help Albi (Albinder) execute this well,” said Goyal. “I believe Eternal is not going to lose focus or momentum through this change.”
Eternal Q3 Results 2026 LIVE: As Deepinder Goyal resigned on 21 January 2026, and his stepping down will be effective from 1 February 2026, Albinder Singh Dhindsa, who was serving as the CEO of the company's Blinkit business, will take over the key managerial role.
Albinder Singh Dhindsa's appointment is effective Sunday, 1 February 2026.
Deepinder Goyal will now be appointed as the Eternal's Vice Chairman and Director, subject to the necessary shareholder approval.
Eternal Q3 Results 2026 LIVE: Founder Deepinder Goyal, in a letter to his shareholders, explained the reason behind his resignation on Wednesday, 21 January 2026.
Goyal said that he seeks to pursue new ideas that involve significantly higher-risk exploration and experimentation, which are better pursued outside a public company like Eternal.
“Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration and experimentation. These are the kinds of ideas that are better pursued outside a public company like Eternal. If these ideas belonged inside Eternal’s strategic scope, I would have pursued them within the company. They do not. Eternal deserves to remain focused, and disciplined, while exploring new areas of growth that are relevant to its current line of business,” said Goyal in his letter to the shareholder on Wednesday.
Eternal Q3 Results 2026 LIVE: Eternal's online food delivery business, Zomato's income from core operations rose 29% to ₹2,676 crore in the October to December quarter of the financial year ending 2025-26, compared to ₹2,072 crore in the same period a year ago, according to the consolidated statements.
Eternal Q3 Results 2026 LIVE: Eternal's consolidated statements showed that Blinkit's income rose 776% to ₹12,256 crore in the third quarter of the financial year 2025-26, compared to ₹1,399 crore in the same period a year ago, driven by the strong demand for online quick commerce delivery services in the country.
Eternal Q3 Results 2026 LIVE: Eternal's quick commerce business, Blinkit's skyrocketing revenues from core operations fueled the company's overall income for the October to December quarter in the current fiscal year.
Eternal's quick commerce business, Blinkit, revenues rose 776% to ₹12,256 crore in the third quarter of the financial year 2025-26, compared to ₹1,399 crore in the same period the previous financial year, according to the consolidated statements.
Eternal Q3 Results 2026 LIVE: Eternal's revenue from core operations recorded 201% rise to ₹16,315 crore in the third quarter of the financial year ending 2025-26, compared to ₹5,405 crore in the same period a year ago, according to the consolidated financial statements.
Eternal Q3 Results 2026 LIVE: On 21 January 2026, Deepinder Goyal resigned from his role as Eternal's MD and CEO, and the stepping down will be effective from 1 February 2026, according to the company filings.
Goyal will now be appointed as the company's Vice Chairman & Director after the necessary approval from the shareholders for a period of 5 years effective from the date of approval.
Eternal Q3 Results 2026 LIVE: Eternal's net profit for the October to December quarter of the financial year ending 2025-26 jumped 73% YoY to ₹102 crore, compared to ₹59 crore in the same quarter of the previous financial year, according to the consolidated financial statements.
Eternal Q3 Results 2026 LIVE: Zomato's founder and Chief Executive Officer (CEO) Deepinder Goyal has resigned from his role and will now take over as the Vice President and Director of the parent company Eternal, according to an exchange filing.
Eternal Q3 Results 2026 LIVE: Zomato parent company's net profit jumped 73% YoY to ₹102 crore in the October to December quarter of FY2025-26!
Eternal Q3 Results 2026 LIVE: Eternal shares were trading 5.25% higher at ₹283.60 as of 2:36 p.m. (IST), compared to ₹269.60 at the previous stock market close, according to the NSE data.
Eternal Q3 Results 2026 LIVE: JM Financial expects Blinkit’s sequential NOV growth to moderate to 13% QoQ (120% YoY) from 27% in Q2 and 25% in Q1, largely due to a tough base following early festive demand in Q2 and heightened competitive intensity. Order volumes are expected to grow in the low-teens, driven by continued MTU expansion. Revenue growth is likely to remain strong both QoQ as well as YoY, supported by the ongoing shift to an inventory-led model.
Blinkit’s contribution margin is expected to improve to 4.9% (as % of NOV) vs 4.6% in Q2, aided by efficiencies in the supply chain. Adj. EBITDA margin (as % of NOV) is expected to improve to -0.9% from -1.3% in 2Q, reflecting fixed-cost absorption and better unit economics.
Eternal Q3 Results 2026 LIVE: In Zomato (food delivery), NOV growth trends are likely to improve to 16% YoY, and 4% QoQ, versus 13% and 14% YoY in Q1 and Q2, supported by lower MOV of ₹99 for Gold customers. MTUs are expected to inch up sequentially to 24.3 million from 24.1 million in Q2, reflecting steady user addition. Take-rate (as % of NOV) can expand 230 bps YoY to 26.8% on account of platform fee hikes taken last quarter. As a result, adjusted revenue is likely to grow +24% YoY (5% QoQ), JM Financial said.
Despite take-rate increase, it expects contribution margin (as % of NOV) and Adj. EBITDA margin (as % of NOV) to be broadly flat QoQ at 10.3% and 5.3% respectively, due to higher investments in customer promotions/delivery partners.
Eternal Q3 Results 2026 LIVE: We expect healthy seasonal demand to drive a healthy 10% QoQ growth (post move to 1P model). Food delivery GOV/NOV is projected to grow at 18.1%/14% YoY, while QC GOV/NOV is expected to increase 120%/115% YoY. GOV/NOV growth rates to be marginally impacted sequentially due to recent GST changes, DAM Capital said.
In terms of Adj EBITDA margins, the food delivery business should see continued marginal uptick QoQ on the back of steady contribution margins and improving fixed absorption, while QC ADj EBITDA is expected to improve marginally QoQ, contributed by both marginal CM expansion as well as better fixed cost absorption- despite healthy store addition, expected to beat earlier guidance of 2,100 stores by March 2026, it added.
Eternal Q3 Results 2026 LIVE: DAM Capital expects Eternal’s Q3 net profit to jump 126% YoY to ₹133 crore, while revenue to rise 175% YoY to ₹14,858 crore. EBITDA is estimated to grow 87.6% YoY to ₹304 crore and EBITDA margin to decline to 2% from 3% YoY.
Eternal Q3 Results 2026 LIVE: Eternal share price has remained flat in the past one month, while it has declined 16% in three months. Over the past six months, Eternal shares gained 5% and the stock has risen 33% in one year. Eternal stock price has delivered multibagger returns of 454% in the past three years.
Eternal Q3 Results 2026 LIVE: Eternal share price jumped over 6% on Wednesday amid a rebound in the Indian stock market from day’s lows. Eternal share price surged as much as 6.37% to ₹287.15 apiece on the BSE.
Eternal Q3 Results 2026 LIVE: Eternal share price has spent the last eight weeks repeatedly holding its 50-week moving average near ₹277, forming a tight holding range rather than a reversal structure. The upper boundary of this range is clearly defined near ₹299, making it the key trigger point for any fresh directional move. Despite short-term stability, the broader trend remains bearish, with higher timeframe structure still tilted lower and rallies lacking follow-through, said Anshul Jain, Head of Research at Lakshmishree Investments.
As a result, only a decisive breakout and sustain above ₹299 would signal a meaningful momentum shift. On the downside, the risk remains elevated. A breakdown and close below ₹277 would confirm loss of major support and likely trigger accelerated selling toward ₹256 initially, followed by a deeper extension toward the ₹221 zone. Until range resolution occurs, risk–reward remains skewed to the downside, he added.
Eternal Q3 Results 2026 LIVE: Eternal’s net profit in Q3FY26 is expected to rise 42.6% to ₹84 crore from ₹59 crore, while revenue is expected to jump 181% to ₹15,190 crore from ₹5,405 crore, YoY, according to Motilal Oswal Financial Services. EBITDA is seen growing 89% YoY to ₹306.2 crore, while EBITDA margin is estimated to be at 2%.
Eternal Q3 Results 2026 LIVE: Eternal share price gained over 2% ahead of the announcement of Q3 results today, despite a sell-off in the broader Indian stock market today. Eternal shares rose as much as 2.7% to ₹277.25 apiece on the BSE.
Eternal Q3 Results 2026 LIVE: Eternal’s Quick Commerce business is likely to grow 122% YoY, with gross profit of 26.5%. Blinkit’s NOV is projected to sustain its growth momentum with 15% QoQ and 122% YoY growth. Blinkit is likely to post a contribution margin of 4.7% and adjusted EBITDA margin as % of NOV at -1.3% in Q3, according to brokerage firm Motilal Oswal. Hyperpure should also continue its upward trajectory.
Eternal Q3 Results 2026 LIVE: Net order value (NOV) of Food Delivery business is expected to grow 12% YoY, with take rates of 21.5%. Food Delivery adj. EBITDA as % of NOV margin may rise 20 bps QoQ to 5.5%, according to Motilal Oswal.
Eternal Q3 Results 2026 LIVE: According to estimates by Axis Securities, Eternal is expected to report net profit of ₹94 crore Q3FY26, registering a growth of 141.6% from ₹39 crore, in the previous quarter, and a growth of 59.7% from ₹59 crore in the year-ago period. The company’s revenue is expected to rise 13.7% QoQ and 186% YoY to ₹15,454 crore, while EBIT is seen growing 38.3% QoQ and 104% YoY to ₹331 crore, with EBIT margin growth of 38 bps QoQ to 2.1%.
Eternal Q3 Results 2026 LIVE: While the food delivery business is expected to remain stable and profitable, the growth of Blinkit and Hyperpure businesses will be key. Analysts expect Blinkit’s net order value (NOV) to sustain its growth momentum and Hyperpure should also continue its upward trajectory.
Eternal Q3 Results 2026 LIVE: Eternal, the parent company of food delivery major Zomato, will announce its Q3 results today, 21 January 2026. The company is expected to post strong growth during the December quarter, supported by Blinkit and continued momentum in the quick commerce segment.