Eternal’s Q3 revenue jump of 202% resurfaces as quick-commerce margins improve
Resurfacing a January 2026 report: Eternal, formerly Zomato, reported Q3 FY26 revenue of Rs 16,315 crore and net profit of Rs 102 crore. Quick-commerce contribution margin improved by about 90 basis points sequentially, while EBITDA margin rose roughly 130 basis points as the company added more than 200 net stores.
India’s retail market could reach Rs 210-215 trillion by 2035. Retail-tech firms Eternal, Nykaa, Delhivery and IndiaMART are highlighted; Eternal reported sharp Q3 FY26 revenue and profit growth, quick-commerce breakeven, and more than 200 net store additions.
Why this matters
The report follows recent signals on Eternal's Q3 FY26 202% revenue growth and quick-commerce breakeven, reinforcing a pattern of scale-led margin improvement.
Retail-company is accelerating, up 975400% QoQ.