Eternal’s quick-commerce business reaches breakeven as Q3 revenue surges
Eternal, formerly Zomato, reported Q3 FY26 revenue of Rs 16,315 crore, up 201.9% year on year, and added more than 200 net stores. Its quick-commerce unit reached breakeven as contribution and EBITDA margins improved sequentially.
Eternal’s Q3 FY26 growth was driven by food delivery and quick commerce, which reached breakeven as it added over 200 stores. The article also highlights Nykaa, Delhivery and IndiaMART as retail-tech plays amid India’s projected Rs 210-215 trillion retail market by 2035.
Why this matters
The result confirms a January 2026 signal that Eternal quick commerce reached breakeven alongside 202% revenue growth, and follows reporting on Eternal and Nykaa’s Q3 gains broadening India’s retail-tech growth story.
Retail-company signals are accelerating, up 254900% QoQ.