Eternal’s quick-commerce unit reaches breakeven after 200-plus store additions
Eternal, formerly Zomato, reported Q3 FY26 revenue of Rs 16,315 crore, up 201.9% year on year, and net profit of Rs 102 crore. Its quick-commerce business reached breakeven as contribution margin improved by about 90 basis points sequentially.
India’s retail market could reach Rs 210-215 trillion by 2035. Eternal reported sharp Q3 FY26 revenue and profit growth, with quick commerce reaching breakeven after adding over 200 stores. Nykaa, Delhivery and IndiaMART are cited as retail-tech stocks to watch.
Why this matters
The result builds on recent signals of Eternal’s strong Q3 FY26 growth and quick-commerce breakeven, reinforcing its role in India’s expanding retail-tech market alongside Nykaa.
Retail-company signals are accelerating, up +258520% QoQ.