Eternal Share Price Jumps Over 5% from Its Intraday Low on Tuesday; Here’s Why

The Indian equity markets traded under pressure on Tuesday, with the Nifty 50 index closing lower by 82.65 points or 0.34 per cent at 24,010.05. Despite the weak broader market sentiment, stock-specific buying emerged in select technology counters. Amid this, Eternal (Zomato) share price touched an Intraday low of Rs 245 and later closed at Rs 258, marking a sharp recovery of 5.31 per cent from the day’s low. The stock also ended with strong trading participation as total traded volume stood at 104.97 million shares against its 20-day average volume of 45.22 million shares, reflecting a surge of nearly 132 per cent in activity.

Eternal Q4FY26 Results

Eternal reported a strong operational improvement in the March quarter, with consolidated revenue from operations rising 25.0 per cent YoY to Rs 7,292 crore in Q4FY26, compared to Rs 5,833 crore in Q4FY25. Total income stood at Rs 7,634 crore versus Rs 6,201 crore in the corresponding quarter last year.

Profit before Tax came in at Rs 228 crore as against Rs 97 crore, registering a growth of 135.1 per cent YoY. Profit after tax attributable to owners of the parent surged 346.15 per cent YoY to Rs 174 crore from Rs 39 crore reported in Q4FY25. 

Earnings per share for the quarter stood at Rs 0.19 compared to Rs 0.04 in the year ago period.

Eternal FY26 Annual Performance

For the financial year ended March 31, 2026, consolidated revenue from operations jumped 168.6 per cent YoY to Rs 54,364 crore as against Rs 20,243 crore in FY25. Total income increased to Rs 55,760 crore from Rs 21,320 crore.

Profit before tax declined 11.8 per cent YoY to Rs 615 crore compared to Rs 697 crore in the previous financial year. Profit after tax attributable to owners of the parent fell 30.6 per cent YoY to Rs 366 crore from Rs 527 crore reported in FY25. 

Annual earnings per share stood at Rs 0.40 against Rs 0.60.

Quick Commerce Drives Revenue Expansion

The company’s Quick Commerce segment continued to remain the largest growth contributor during FY26. Revenue from this segment surged to Rs 37,779 crore compared to Rs 5,206 crore in FY25.

India food ordering and delivery segment reported revenue of Rs 10,159 crore, while the Hyperpure supplies business contributed Rs 5,366 crore during the year. The Going Out segment contributed Rs 1,036 crore. This results in a continued scale-up in Blinkit-led quick commerce operations and expansion across the broader consumer internet ecosystem.

Asset Transfer to Wholly Owned Subsidiary

Along with the results, the Board also approved entering into an Asset Transfer Agreement with Wasteland Entertainment Private Limited, a wholly owned subsidiary, to transfer the technology stack of District platform along with identified employees for an aggregate consideration of Rs 24,19,13,925 in order to improve organisational efficiency and unlock further business opportunities.

About Eternal 

Eternal Ltd, formerly known as Zomato Ltd, is one of India’s leading internet consumer platforms with operations across food delivery, quick commerce, B2B restaurant supplies, dining-out and entertainment ticketing. Through brands such as Zomato, Blinkit, Hyperpure and District, the company serves millions of users across India and continues to expand its digital commerce ecosystem.

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Disclaimer: This article is for informational purposes only and not investment advice.