Eternal (Zomato) Posts Record Q4 FY26 Profit as Blinkit GMV Crosses ₹15,000 Crore
Eternal, the parent of Zomato and Blinkit, reported its highest-ever quarterly profit in Q4 FY26 on the back of a 92% YoY surge in Blinkit GMV and improving food-delivery contribution margins.
Key Facts
| Detail | Value |
|---|---|
| Deal size | ₹15,000 |
| Sector | Eternal |
| Coverage | Startup News |
Eternal Ltd., the parent company of Zomato and Blinkit, reported record Q4 FY26 results on May 30, 2026, with consolidated net profit hitting ₹540 crore — its highest-ever quarterly bottom line.
Key Numbers
Blinkit Continues to Lead Growth
Quick commerce arm Blinkit now contributes 48% of consolidated revenue, up from 32% a year ago. Dark store count crossed 2,400, with average order value rising to ₹680.
Food Delivery Margins Expand
Food delivery contribution margin reached 8.4% of GOV, the highest in the company’s history, driven by ad revenue, Gold subscription renewals, and improved rider utilization.
What Management Said
CEO Deepinder Goyal said on the earnings call that Blinkit will continue to be the primary growth and capital allocation priority through FY27, with 1,000+ new dark stores planned. Going-out (District) crossed ₹1,000 crore quarterly GOV for the first time.
Market Reaction
The stock opened 6.2% higher the morning after results and closed up 4.8%, taking Eternal’s market cap past ₹3.1 lakh crore.
What It Means for the Ecosystem
Eternal’s consistent profitability validates the unit economics of Indian quick commerce at scale and sets a benchmark for Swiggy, Zepto, and BigBasket, all of which are racing toward similar contribution margins.
Reported by Ananya Raghavan. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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