Eternal (Zomato) Q3 revenue triples as India retail eyes Rs 215 trillion by 2035
Eternal's Q3 FY26 revenue jumped 201.9% YoY to Rs 16,315 crore with net profit up 102.9% to Rs 102 crore, as quick commerce hit breakeven and added 200+ net stores. Nykaa, IndiaMART and Delhivery profiled as retail-tech enablers riding India's retail market projected to reach Rs 210-215 trillion by 2035.
India's retail market projected to hit Rs 215 trillion by 2035. Eternal (Zomato) Q3 FY26 revenue rose 201.9% to Rs 16,315 crore, net profit up 102.9%; quick commerce hit breakeven, adding 200+ stores. Nykaa, IndiaMART, Delhivery also profiled as retail-tech enablers.
Why this matters
Eternal's Q3 FY26 marks quick commerce hitting breakeven while tripling revenue, signaling a shift from growth-at-all-costs toward profitable retail-tech scale as India's retail market expands.
Retail-company signals accelerating, up 744,400% QoQ.