Eternal’s quick-commerce business reaches breakeven as Q3 FY26 revenue jumps 202%
Eternal, formerly Zomato, reported Q3 FY26 revenue of Rs 16,315 crore and net profit of Rs 102 crore, with quick-commerce margins improving as it added more than 200 net stores. Management expects its going-out business to near breakeven within four to six quarters.
India’s retail market could reach Rs 210-215 trillion by 2035. Eternal posted sharply higher Q3 FY26 revenue and profit as quick commerce reached breakeven, added 200-plus stores and improved margins, while management flagged continued competitive pricing pressure.
Why this matters
The result extends Eternal’s recent pattern of triple-digit Q3 revenue growth and improving quick-commerce margins, while its expansion aligns with signals on retail-tech platforms scaling in India’s growing retail market.
Retail-company signals are accelerating, up 938700% QoQ.