Shares of Eternal Limited (formerly Zomato) surged over 6% today after its Q1 FY26 results beat market estimates despite a sharp drop in net profit year-on-year (YoY).
The company reported a consolidated revenue from operations of ₹7,167 crore, up 70% YoY from ₹4,206 crore in Q1 FY25 and ahead of Kotak Securities’ estimate of ₹6,682.2 crore. Including other income of ₹354 crore, total income stood at ₹7,521 crore, compared to ₹4,442 crore a year ago.
On profitability, Eternal’s net profit fell 90% YoY to ₹25 crore, versus ₹253 crore in Q1 FY25. Despite the drop, net profit still performed better than Kotak’s estimate of ₹30.9 crore. Profit before tax came in at ₹88 crore, lower than ₹239 crore a year ago, while EBITDA stood at ₹73 crore with a margin of 13.95%, versus 21.5% last year, reflecting margin pressures.
Expenses rose to ₹7,433 crore from ₹4,203 crore last year, driven by higher employee costs, delivery charges, and advertising.
Stock performance and details
Eternal Limited’s stock opened at ₹257.20 and rallied to close at ₹273.80, up 6.45% (₹16.60) today. During the session, the stock hit a high of ₹273.80 and a low of ₹256.65.
-
Previous close: ₹257.20
-
Day’s range: ₹256.65 – ₹273.80
-
52-week range: ₹209.86 – ₹277.75
-
Market cap: ₹2.45 trillion
-
Average volume: 27.38 million shares
-
P/E ratio: 465.00
-
Dividend yield: —
Eternal remains focused on scaling Blinkit and expanding its delivery and quick-commerce footprint despite cost pressures. The upbeat revenue and better-than-estimated net profit have supported investor sentiment.
Disclaimer: The information provided above is for informational purposes only and should not be construed as financial advice. Stock market investments are subject to market risks. Please consult a financial advisor before making any investment decisions.
