Zomato’s parent company, Eternal, announced a significant 72.88% increase in its consolidated profit for the December quarter of FY26, attributing this growth to a robust rise in revenue. The company’s consolidated net profit surged to Rs 102 crore in Q3 FY26, up from Rs 59 crore in the same quarter last year, as per an exchange filing.
During the quarter, Eternal witnessed a remarkable threefold increase in consolidated revenue from operations, reaching Rs 16,315 crore from Rs 5,405 crore in the corresponding period last year. Moreover, the company’s expenses also saw a sharp uptick.
Total expenses for the Gurugram-based company spiked by 198% to Rs 16,493 crore in the December quarter, compared to Rs 5,533 crore a year earlier and Rs 13,813 crore in the previous quarter. Despite this, the company maintained a cash balance of Rs 17,820 crore by the end of the quarter, slightly lower than the previous quarter.
Eternal’s stock market performance was positive, with shares closing nearly 5% higher at Rs 282.80 per share. Additionally, the company announced the resignation of its CEO, Deepinder Goyal, effective from February 1, 2026, with Albinder Dhindsa, the current CEO of Blinkit, set to take over the reins.
