Eternal Q4 Revenue Surges 64% to ₹58.33 Billion, Profit Slumps as Blinkit Expansion Accelerates

Eternal Ltd (formerly Zomato) reported a robust 64% year-on-year jump in consolidated revenue from operations for the March 2025 quarter, reaching ₹58.33 billion. However, net profit for the quarter fell sharply by 78% to ₹390 million, weighed down by soaring expenses and aggressive investments in its quick commerce arm, Blinkit.

 

The company’s total expenses rose nearly 68% to ₹61.04 billion, reflecting the cost of rapid expansion and infrastructure upgrades across segments. Blinkit, which saw revenue more than double to ₹17.09 billion, added a record 294 new stores in Q4, bringing its total to 1,301 and putting it firmly on track to achieve its ambitious target of 2,000 stores by December 2025. Despite this growth, Blinkit’s adjusted EBITDA loss widened to ₹1.78 billion, as Eternal prioritized market share and network scale over near-term profitability.

 

Eternal’s core food delivery business remained stable, while its B2B supply chain arm, Hyperpure, posted a 52% revenue increase. Management emphasized that the current focus is on building a strong, reliable network, with profitability expected to follow as scale improves. The company’s strategic pivot to quick commerce signals a bold bet on the future of instant delivery in India.

 

Source: Economic Times, Inc42, Business Today