Revenue surges 178% YoY to ₹13,942 crore, driven by Blinkit’s rapid growth and aggressive expansion across quick commerce operations.

Eternal Limited (formerly Zomato Limited) has reported a sharp year-on-year decline in profitability for the second quarter ended September 30, 2025. The company’s consolidated net profit fell 63% to ₹65 crore, compared to ₹176 crore in the same quarter last year, even as total income surged on the back of strong revenue growth.

Total income for Q2 FY26 rose 177.7% YoY to ₹13,942 crore, up from ₹5,020 crore in Q2 FY25, according to unaudited financial results reviewed by Deloitte Haskins & Sells. Revenue from operations stood at ₹13,590 croreduring the quarter.

Blinkit, Eternal’s quick commerce business, continued to be the primary growth engine, contributing ₹9,891 crore in revenue. The food delivery segment brought in ₹2,485 crore, while Hyperpure-the company’s B2B grocery supply vertical-generated ₹1,023 crore. The recently acquired ‘Going Out’ division added ₹189 crore to total revenues.

However, the company’s profitability was impacted by a significant rise in expenses. Advertising and sales promotion costs nearly doubled to ₹806 crore, up from ₹421 crore in Q2 FY25. For the first half of FY26, ad spends totalled ₹1,477 crore.

Total expenses rose sharply to ₹13,813 crore, compared to ₹4,783 crore last year, driven by higher marketing, delivery, and warehousing costs. Eternal also added 272 new dark stores during the quarter, taking its Blinkit store count to 1,816 as of September 30, 2025.

Despite the profit dip, the company’s strong revenue growth reflects continued expansion and investment in scaling its quick commerce ecosystem.