News

Eternal Ltd (formerly Zomato), which operates food delivery platform Zomato and quick commerce firm Blinkit, on May 1 reported a 78 percent year-on-year (YoY) decline in quarterly profit after tax (PAT) at Rs 39 crore in the fourth quarter (Q4) of financial year 2024-25 (FY25), down from Rs 175 crore in the same period a year ago. It had reported a PAT of Rs 59 crore in Q3 FY25.

Profit for the full financial year, however, came in at Rs 527 crore, up 50 percent compared to Rs 351 crore in the previous fiscal.

Zomato’s revenue from operations rose 64 percent YoY to Rs 5,833 crore in Q4, up from Rs 3,562 crore a year ago. It had reported a revenue of Rs 5,405 crore in the previous quarter.

For the full year, the company reported a consolidated operational revenue of Rs 20,243 crore, up 67 percent from Rs 12,114 crore in FY24.

Total expenses for the Gurugram-based firm increased to Rs 6,104 crore in the quarter ended March, up from Rs 3,636 crore a year ago and Rs 5,533 crore a quarter ago. For the full year, the company’s expenses came in at Rs 20,623 crore, up 63 percent from Rs 12,670 crore in the previous year.

Zomato ended the quarter with a cash balance of Rs 18,824 crore, from from Rs 19,235 crore in the previous quarter.

Food delivery

While adjusted revenue for its food delivery business increased to Rs 2,409 crore in Q4, up from Rs 2,050 crore in the year ago period, it remained flat on a sequential basis from Rs 2,413 crore a quarter ago.

The gross order value (GOV) for this business, meanwhile, increased from Rs 9,913 crore in Q3FY25 to Rs 9,778 crore in the March quarter. On a yearly basis, GOV increased from Rs 8,439 crore in Q3FY24.

In parallel, its adjusted EBITDA margin stayed flat sequentially from 4.3 percent to 4.4 percent.

On the other hand, average monthly transacting customers (MTCs) for its food delivery vertical increased marginally to 20.9 million from 20.5 million a quarter ago. The platform had 19 million MTCs in the year-ago period.

Blinkit

Zomato’s quick commerce arm Blinkit reported a (EBITDA) loss of Rs 178 crore in Q4FY25, a massive 381 percent increase year-on-year (YoY) from a loss of Rs 37 crore incurred during the same period last year. On a sequential basis, the adjusted EBITDA loss was higher than Rs 103 crore recorded in Q2FY25.

Its revenue increased __ percent YoY to Rs 1,709 crore, up from Rs 769 crore in Q4 FY24. Blinkit reported a revenue of Rs 1,399 crore in the previous quarter. Meanwhile, its GOV for the quarter increased to Rs 9,421 crore in the March quarter, compared to Rs 4,027 crore in Q4 FY24 and Rs 7,798 crore in the previous quarter.

Blinkit’s average order value (AOV) declined to Rs 665 in Q4, down from Rs 707 in the previous quarter and Rs 617 in the year-ago period.

Its dark store count increased YoY from 526 last year to 1,301 in Q4 FY25, and average monthly transacting users reached 13.7 million this quarter from 6.4 million in Q4 FY24.

Zomato's shares were settled at Rs 232.5 per share on the BSE, up 0.58 percent.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Stock Market Holiday Jammu Kashmir News Live Waves Summit 2025 Live GST Collections in April Heatwave in India Q4 Results 2025 Live Hit 3 Review JKBOSE 10th Result 2025 Kolkata News IPL Points Table 2025

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups

Home Currencies Commodities Pre-Market IPO Global Market Bonds

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance TrackerNew Fixed Deposits Fixed Deposit Comparison Fixed Income

Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener

Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator

Stock Markets

News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive Topper Learning

About Us Contact Us Advisory Alert Advertise with Us SupportDisclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors

You are already a Moneycontrol Pro user.