Eternal Q2 results, quarter to Sep 2026

NSE: ETERNALBSE: 543320RetailingLarge Cap

ETERNAL LIMITED · Formerly Zomato · Face value ₹1 · Listed Jul 2021 · Issue price ₹76

₹331.00₹5.45 (1.67%)BSE ₹330.50

Share price at the NSE close on 27 Oct 2026. Previous close ₹325.55.

27 Oct: open ₹325.55, high ₹331.45, low ₹323.35

52-week range of traded prices to 27 Oct 2026

₹212.60Low, 16 Mar 2026₹344.40High, 23 Sep 2026

Market cap: ₹3,19,427 Cr37th largest listed
P/E: 647.92
P/B: 10.21
Dividend yield: Nonein the last 12 months
ROE: 1.6%
ROCE: 0.4%
Debt to equity: 0.00
Volume, NSE: 2,85,41,79158.6% delivered

Eternal filed its Q2 results for the quarter to Sep 2026 on 21 Oct 2026 at 6:46 pm, consolidated: the company and its subsidiaries together.

Q2 results, quarter to Sep 2026

₹ crore.Eternal annual results and balance sheet

Revenue: ₹24,138 Cr+77.6% on a year ago · +19.4% on the quarter before
Operating profit: ₹752 Cr+214.6% on a year ago · +26.6% on the quarter before
Net profit: ₹125 Cr+92.3% on a year ago · +35.9% on the quarter before
Earnings per share: ₹0.14+100.0% on a year ago · +40.0% on the quarter before
Operating margin: 3.1%
Net margin: 0.5%

From revenue to net profit, ₹ crore

Revenue24,138
Materials and goods−14,602
Employee costs−1,146
Other expenses−7,638
Operating profit752
Depreciation−625
Other income+351
Finance costs−155
Profit before tax323
Tax−198
Net profit125

Eternal results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Sep 2026. Results for the quarter to Dec 2026 are due by 14 Feb 2027, 45 days after it ends. Every company's dates are on the results calendar.Results filings and date

Revenue and net profit by quarter, ₹ crore

Revenue
Net profit

Peak revenue ₹24,138 Cr, quarter to Sep 2026; lowest ₹3,288 Cr, quarter to Dec 2023

Operating and net margin by quarter, per cent

Operating margin
Net margin

₹ crore	Dec 2021Q3	Mar 2022	Jun 2022Q1	Sep 2022	Dec 2022Q3	Mar 2023	Jun 2023Q1Filed 3 Aug	Sep 2023	Dec 2023Q3	Mar 2024	Jun 2024Q1	Sep 2024	Dec 2024Q3	Mar 2025Q4Filed 1 May	Jun 2025Q1	Sep 2025Q2Filed 16 Oct	Dec 2025Q3Filed 21 Jan	Mar 2026Q4Filed 28 Apr	Jun 2026Q1Filed 22 Jul	Sep 2026Q2Filed 21 Oct
Revenue from operations	1,112	1,212	1,414	1,661	1,948	2,056	2,416	2,848	3,288	3,562	4,206	4,799	5,405	5,833	7,167	13,590	16,315	17,292	20,211	24,138
	1,601	1,662	1,721	1,973	2,314	2,281	2,464	2,895	3,237	3,476	4,029	4,573	5,243	5,761	7,052	13,351	15,947	16,806	19,617	23,386
Materials and goods bought	154	186	254	312	390	439	562	674	782	864	1,099	1,334	1,500	1,632	2,284	7,742	9,801	10,340	12,031	14,602
Employee costs	412	407	349	381	395	340	338	417	423	481	529	590	689	750	830	865	914	927	1,068	1,146
Other expenses	1,036	1,069	1,119	1,279	1,529	1,503	1,564	1,804	2,032	2,131	2,401	2,649	3,054	3,379	3,938	4,744	5,232	5,539	6,518	7,638
Operating profit before depreciation	−489	−450	−307	−311	−366	−225	−48	−47	51	86	177	226	162	72	115	239	368	486	594	752
Operating margin	−44.0%	−37.1%	−21.7%	−18.7%	−18.8%	−11.0%	−2.0%	−1.7%	1.6%	2.4%	4.2%	4.7%	3.0%	1.2%	1.6%	1.8%	2.3%	2.8%	2.9%	3.1%
Depreciation and amortisation	39	38	42	107	155	134	130	128	128	140	149	180	247	287	314	376	439	468	546	625
Other income	148	138	168	170	173	171	181	212	219	235	236	221	252	368	354	352	348	342	375	351
Finance costs	3	3	5	12	16	16	18	16	18	20	25	30	43	56	67	86	107	132	151	155
Profit before one-off items and tax	−383	−352	−186	−261	−364	−205	−15	21	124	161	239	237	124	97	88	129	170	228	272	323
One-off items	316	−8	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	−67	−360	−186	−261	−364	−204	−15	21	124	161	239	237	124	97	88	129	170	228	272	323
	0	0	0	−10	−17	−17	−17	−15	−14	−14	−14	61	65	58	63	64	68	54	180	198
Current tax	0	0	0	0	0	0	0	1	0	0	0	76	81	74	79	80	84	76	157	175
Deferred tax	0	0	0	−10	−17	−17	−17	−16	−14	−14	−14	−15	−16	−16	−16	−16	−16	−22	23	23
Tax rate	–	–	–	–	–	–	–	−71.4%	−11.3%	−8.7%	−5.9%	25.7%	52.4%	59.8%	71.6%	49.6%	40.0%	23.7%	66.2%	61.3%
Share of profit of joint ventures and associates	0	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	−67	−360	−186	−251	−347	−188	2	36	138	175	253	176	59	39	25	65	102	174	92	125
Belonging to the company's shareholders	−63	−360	−186	−251	−347	−188	2	36	138	175	253	176	59	39	25	65	102	174	92	125
Belonging to outside owners of subsidiaries	−4	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other comprehensive income	−3	12	−77	−51	4	25	41	−37	11	40	13	96	−20	39	73	−45	−232	−328	−5	−436
Total comprehensive income	−70	−347	−263	−302	−343	−162	43	−1	149	215	266	272	39	78	98	20	−130	−154	87	−311
Net margin	−6.0%	−29.7%	−13.2%	−15.1%	−17.8%	−9.1%	0.1%	1.3%	4.2%	4.9%	6.0%	3.7%	1.1%	0.7%	0.3%	0.5%	0.6%	1.0%	0.5%	0.5%
Net margin without joint ventures and associates	−6.0%	−29.7%	−13.1%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Earnings per share	−₹0.08	−₹0.47	−₹0.24	−₹0.31	−₹0.42	−₹0.23	₹0.00	₹0.04	₹0.16	₹0.20	₹0.29	₹0.20	₹0.07	₹0.04	₹0.03	₹0.07	₹0.11	₹0.19	₹0.10	₹0.14
Diluted earnings per share	−₹0.08	−₹0.47	−₹0.24	−₹0.31	−₹0.42	−₹0.23	₹0.00	₹0.04	₹0.16	₹0.20	₹0.28	₹0.20	₹0.06	₹0.04	₹0.03	₹0.07	₹0.11	₹0.19	₹0.10	₹0.13

Earnings per share in rupees, restated for later splits and bonuses.

Segment results by quarter

Consolidated, ₹ crore, quarters to Sep 2026.Eternal segment results by year

Quick commerce
Revenue, ₹ crore
943
1,156
1,401
2,409
9,892
12,257
13,232
15,666
19,155
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
43
48
−30
−42
5
202
265
365
488
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
India food ordering and delivery
Revenue, ₹ crore
1,712
1,745
1,949
2,012
2,078
2,054
2,270
2,496
2,688
2,737
3,120
3,417
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
258
281
321
349
432
439
465
518
547
549
621
647
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Hyperpure supplies (B2B business)
Revenue, ₹ crore
859
951
1,212
1,473
1,671
1,840
2,302
1,032
1,081
978
1,092
1,219
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
−27
−16
−14
−12
−9
−8
−5
1
7
13
14
19
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Going Out
Revenue, ₹ crore
73
93
95
154
259
229
207
189
300
277
318
304
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
2
−10
11
18
−15
−44
−48
−57
−114
−73
−61
−55
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
All other segments (Residual)
Revenue, ₹ crore
14
17
30
4
19
1
17
12
28
68
109
148
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26
Profit, ₹ crore
−4
−10
1
2
1
−16
−45
−54
−47
−60
−90
−85
Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26Sep 26

₹ crore	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue of all businesses	3,303	3,579	4,229	4,799	5,428	5,833	7,205	13,621	16,354	17,292	20,305	24,243
Company revenue, as in its results	3,288	3,562	4,206	4,799	5,405	5,833	7,167	13,590	16,315	17,292	20,211	24,138
Revenue	–	–	943	1,156	1,401	–	2,409	9,892	12,257	13,232	15,666	19,155
Revenue growth	–	–	–	–	–	–	155.5%	755.7%	774.9%	–	550.3%	93.6%
Profit	–	–	43	48	−30	–	−42	5	202	265	365	488
Profit growth	–	–	–	–	–	–	–	−89.6%	–	–	–	9,660.0%
Margin	–	–	4.6%	4.2%	−2.1%	–	−1.7%	0.1%	1.6%	2.0%	2.3%	2.5%
Revenue	1,712	1,745	1,949	2,012	2,078	2,054	2,270	2,496	2,688	2,737	3,120	3,417
Revenue growth	48.6%	48.5%	41.7%	30.0%	21.4%	17.7%	16.5%	24.1%	29.4%	33.3%	37.4%	36.9%
Profit	258	281	321	349	432	439	465	518	547	549	621	647
Profit growth	966.1%	244.8%	72.6%	66.2%	67.4%	56.2%	44.9%	48.4%	26.6%	25.1%	33.5%	24.9%
Margin	15.1%	16.1%	16.5%	17.3%	20.8%	21.4%	20.5%	20.8%	20.3%	20.1%	19.9%	18.9%
Revenue	859	951	1,212	1,473	1,671	1,840	2,302	1,032	1,081	978	1,092	1,219
Revenue growth	103.8%	98.9%	96.4%	97.7%	94.5%	93.5%	89.9%	−29.9%	−35.3%	−46.8%	−52.6%	18.1%
Profit	−27	−16	−14	−12	−9	−8	−5	1	7	13	14	19
Profit growth	–	–	–	–	–	–	–	–	–	–	–	1,800.0%
Margin	−3.1%	−1.7%	−1.2%	−0.8%	−0.5%	−0.4%	−0.2%	0.1%	0.6%	1.3%	1.3%	1.6%
Revenue	73	93	95	154	259	229	207	189	300	277	318	304
Revenue growth	–	–	–	214.3%	254.8%	146.2%	117.9%	22.7%	15.8%	21.0%	53.6%	60.8%
Profit	2	−10	11	18	−15	−44	−48	−57	−114	−73	−61	−55
Profit growth	–	–	–	800.0%	–	–	–	–	–	–	–	–
Margin	2.7%	−10.8%	11.6%	11.7%	−5.8%	−19.2%	−23.2%	−30.2%	−38.0%	−26.4%	−19.2%	−18.1%
Revenue	14	17	30	4	19	1	17	12	28	68	109	148
Profit	−4	−10	1	2	1	−16	−45	−54	−47	−60	−90	−85
Margin	−28.6%	−58.8%	3.3%	50.0%	5.3%	−1,600.0%	−264.7%	−450.0%	−167.9%	−88.2%	−82.6%	−57.4%
Revenue	645	773	–	–	–	1,709	–	–	–	–	–	–
Revenue growth	114.4%	111.6%	–	–	–	121.1%	–	–	–	–	–	–
Profit	−56	2	–	–	–	−82	–	–	–	–	–	–
Margin	−8.7%	0.3%	–	–	–	−4.8%	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Q2 results, quarter to Sep 2026

From revenue to net profit, ₹ crore

Eternal results by quarter

Revenue and net profit by quarter, ₹ crore

Operating and net margin by quarter, per cent

Segment results by quarter

Quick commerce

India food ordering and delivery

Hyperpure supplies (B2B business)

Going Out

All other segments (Residual)