Eternal Limited Q3 FY2026 Result: Key Highlights
The Eternal Limited Q3 FY2026 Result reflects strong operational momentum across key business verticals, led by quick commerce and improved profitability in Hyperpure. The company, formerly known as Zomato, reported sharp year-on-year growth in revenue, net order value, and adjusted EBITDA.
- Consolidated Adjusted Revenue: ₹16,692 crore, up 190% YoY
- Adjusted EBITDA: ₹364 crore, marking 28% YoY growth
- B2C Net Order Value (NOV): ₹25,732 crore, up 55% YoY
- Annualised B2C NOV: Surpassed ₹1 lakh crore
Segment-wise Performance in Q3 FY2026
Quick Commerce (Blinkit)
Quick commerce remained the biggest growth driver in the Eternal Limited Q3 FY2026 Result, achieving a major profitability milestone.
- Adjusted EBITDA turned positive
- NOV growth of 121% YoY
- Like-for-like NOV growth exceeded 130%
- 211 net new stores added
- Total store count reached 2,027
Food Delivery Business
The food delivery segment showed acceleration and margin expansion.
- NOV growth of 16.6% YoY
- Adjusted EBITDA margin reached an all-time high of 5.4%
This improvement reflects stronger unit economics and stable demand across core markets.
Hyperpure
The B2B restaurant supply business delivered a key turnaround.
- Revenue growth of 33% YoY
- Adjusted EBITDA turned positive for the first time
District
Losses in the District increased during the quarter due to continued investments in category creation and scale-up initiatives.
- Losses expected to reduce sequentially
- Breakeven targeted within the next 4–6 quarters
Store Expansion and Forward Outlook
As per the Eternal Limited Q3 FY2026 Result, management outlined the following expansion plans:
- Around 3,000 stores by March 2027 if competitive intensity remains high
- 3,500–4,000 stores by March 2027 if competition moderates
The company reiterated its focus on long-term value creation, disciplined execution, and sustainable margin expansion.
Conclusion
The Eternal Limited Q3 FY2026 Result highlights a company transitioning toward a more diversified and profitable business model. With quick commerce and Hyperpure achieving EBITDA positivity and food delivery margins improving, Eternal Limited appears positioned for sustained growth, despite near-term investments impacting District.
Source: BSE
You might like
33&Brew Raises Funding from Optimistic Capital to Expand Vinyl