Eternal Q4 Results: Management hopeful of $1 billion adjusted operating profit by FY29; Stock jumps
Published on 28/04/2026 03:29 PM
Eternal Q4 Results: Management hopeful of $1 billion adjusted operating profit by FY29; Stock jumpsEternal's Net order value of the food delivery business grew by 19% to ₹9,757 crore, which is higher than the CNBC-TV18 projection growth between 16% to 18% from the same quarter last year.By Mangalam Maloo April 28, 2026, 3:29:06 PM IST (Updated)2 Min ReadShares of Eternal Ltd., the parent company of food delivery aggregator Zomato and quick commerce operator Blinkit, recovered sharply from the lows of the day after its March quarter results were reported.
The numbers this time around are not be comparable on a year-on-year basis due to the change in the Blinkit inventory model and therefore, will be compared sequentially.
Eternal's net profit for the period increased by 70.6% from last year to ₹174 crore. Other income for the quarter stood at ₹342 crore from ₹348 crore in the previous quarter.
Revenue for the quarter increased by 6% from the December quarter to ₹17,292 crore, higher than the CNBC-TV18 poll of ₹17,155 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 32% quarter-on-quarter to ₹486 crore, higher than the CNBC-TV18 poll of ₹400 crore, while margins expanded by 50 basis points from the previous quarter to 2.8%, while the CNBC-TV18 poll had projected the margin figure to remain unchanged.
Net order value of the food delivery business grew by 19% to ₹9,757 crore, which is higher than the CNBC-TV18 projection growth between 16% to 18% from the same quarter last year.
Blinkit's net order value growth stood at 95%, in-line with the CNBC-TV18 poll projection of staying between 95% to 100% from last year.
In its letter to shareholders, the management of Eternal said that they are more confident of getting to their guidance of margins of 5% to 6% today than ever before. The management also expects the first quarter of the new financial year to be meaningfully stronger on a sequential basis.
Shares of Eternal have seen a sharp recovery from the lows of the day, currently trading 1% lower at ₹253.27.Continue ReadingFirst Published: Apr 28, 2026 11:13 AM IST