Eternal Ltd (formerly Zomato) Q2 Net Profit Falls 63% YoY to ₹65 Crore; Incorporates New Foundation for Social Initiatives

Gurugram, October 16, 2025 – Eternal Limited (formerly known as Zomato Limited) announced consolidated net profit of ₹65 crore for the second quarter ended September 30, 2025, maintaining profitability amid sustained revenue growth in all its business operations. Eternal Limited also announced the incorporation of its wholly owned subsidiary, Eternal General Service Foundation, which will head its social and charitable activities.

Key Financial Highlights

Eternal Limited posted a stellar performance in the second quarter of FY26, with revenue from operations growing to ₹13,590 crore from ₹4,799 crore in Q2 FY25 and ₹7,167 crore in Q1 FY26. Total income in the quarter rose to ₹13,942 crore from ₹5,020 crore in the year-ago quarter.

Profit before tax in the quarter was ₹129 crore versus ₹237 crore in Q2 FY25 and net profit at ₹65 crore versus ₹176 crore in the year-ago quarter, but advanced from ₹25 crore in the prior quarter. Earnings per share (EPS) in the quarter were ₹0.07 versus ₹0.20 in Q2 FY25 and ₹0.03 in Q1 FY26.

In H1 FY26, the revenue from operations rose to ₹20,757 crore from ₹9,005 crore in H1 FY25, and total income was up at ₹21,463 crore from ₹9,462 crore in the same period in the year ago. Net profit in the first half rose to ₹90 crore, with EPS at ₹0.10.

Eternal’s operating income increased multi-fold year-over-year to ₹13,942 crore in Q2 FY26 from ₹5,020 crore in Q2 FY25, mainly due to unprecedented growth in the Quick Commerce (Blinkit), Food Delivery, and B2B Hyperpure businesses. The operating revenue increased 183% YoY.

Balance Sheet Snapshot (Consolidated)

For the six months ending at Sept 30, 2025, the total assets were ₹38,115 crore compared with ₹35,623 crore at March 31, 2025. Total equity also increased to ₹30,815 crore compared with ₹30,310 crore at the end of FY25. Cash and cash equivalents at the company were ₹431 crore and investments upgraded at ₹3,836 crore compared with ₹2,272 crore six months prior, which are indicative of successful capital deployment and a healthy balance sheet.

The company also possessed a healthy equity base of ₹30,815 crore and concluded the half year with a satisfactory cash position, which indicates prudent working capital management.

New CSR Arm: Eternal General Service Foundation

The Board approved the incorporation of the wholly owned subsidiary company, Eternal General Service Foundation, for social welfare. The foundation shall support hunger relief, healthcare, education, environmental protection and sustainable living, disaster relief, social empowerment, and animal welfare. It shall be incorporated in India with a minimum amount of ₹10 lakh in paid-up value, which shall be divided into 1,00,000 equity shares of ₹10 each in cash.

Major Business Developments

Eternal has served GST orders worth ₹420 crore and show-cause notices worth ₹21 crore in the case of delivery charges. The company said that they have a clear case on the merits and filed the required appeals.

During FY25, there was the acquisition of Orbgen Technologies Pvt Ltd and Wasteland Entertainment Pvt Ltd (event and ticketing businesses) from One 97 Communications Ltd for ₹2,014 crore. Eternal also invests in Blink Commerce Pvt Ltd (Blinkit) and Zomato Hyperpure Pvt Ltd for the long run.

Management’s Take

Deepinder Goyal, Managing Director and CEO, also highlighted the company’s performance, which reflects its operational scalability and resilience across verticals. “Our ecosystem in the quick commerce, food delivery, and Hyperpure businesses is maturing, and we are now putting our energy into sustainable community building through the Eternal Foundation,” he also added.

REF: https://nsearchives.nseindia.com/corporate/ZOMATO_16102025144621_EternalOutcomeofBoardmeetingSigned.pdf

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