Eternal Q4 Results Live Updates: Eternal CFO Akshant Goyal said, "Going-out NOV grew 42% YoY for the full year FY26, and we'd encourage looking at the annual number rather than individual quarters. This is an inherently lumpy business - Q3 is events-heavy, Q1 is IPL-heavy, and the movies NOV depends entirely on the release calendar. Quarter-to-quarter swings will be large and are not indicative of underlying momentum. The annual growth rate is a more robust signal."

Eternal Q4 Results Live Updates: Deepinder Goyal said that there is no meaningful impact of the recent LPG shortage yet.

"When localised supply disruptions happen - whether from LPG shortages, weather, or anything else - we typically see demand redistribute across the platform rather than it going away. The breadth of restaurant selection across cuisines, price points, and geographies means customers have alternatives within the app. Some restaurants in affected pockets did see temporary disruption, but platform-level throughput wasn’t impacted," he said.

Eternal Q4 Results Live Updates: Deepinder Goyal said, "Yes, growth has been accelerating over the last three quarters after bottoming out in Q1FY26. And we believe the improvement is structural, driven primarily by deliberate interventions to expand the addressable market into more price-sensitive segments."

"From Q2FY26, we lowered the minimum order value for free delivery to INR 99 from INR 199 for Gold members, stepped up targeted activation for budget-conscious customers, and curated assortment specifically for this segment - meals under INR 250, for example. The results have been encouraging - order volume growth is being driven by MTC growth, both from new-to-platform customers and higher frequency among existing budget-conscious customers," he added.

Furthermore, he said, "A declining NAOV is a natural and intended consequence of this strategy. If we can make restaurant food affordable for a much larger base of Indians, the addressable market expands significantly. What matters is whether the economics hold as NAOV comes down - and they do. Revenue per order continues to improve and operating cost efficiencies have kept pace, which is why margins have remained stable even as the order mix has shifted towards lower-value orders. Ultimately, we are optimizing for absolute Adjusted EBITDA (and not %), and the current tactics are working well to drive that."

Eternal Q4 Results Live Updates: Eternal Group CEO Albinder Dhindsa said, "High competition can have adverse impact in certain periods of time, like the one we are going through now, where aggressive discounting is leading to poor-quality growth centred around select low-margin SKUs. But more broadly and longer term, good competition will aid our growth as well as the growth of the market over the next few years. That is because when multiple players simultaneously invest in infrastructure, acquire customers, and build awareness for the category, the overall market expands faster than any single player could achieve alone. We have seen this play out even over the last three years."

"In a mature, saturated market, competition is zero-sum. But quick commerce is a nascent category that is still being created, and has a long way to go before it becomes a zero sum game," he added.

Eternal Q4 Results Live Updates: "Three things - assortment expansion, geographic coverage, and demand densification while improving the quality and reliability of our service. In the top eight cities, the primary growth lever is assortment (more SKUs require more stores, even in areas we already serve). In the cities beyond the top eight, it's all three working simultaneously - geographic rollout, assortment build-out, and the demand flywheel we've already seen play out in Delhi NCR, " Group CEO Albinder Dhindsa said.

Eternal Q4 Results Live Updates: Albinder Dhindsa, group chief executive officer of Eternal, said, "Between FY23 and FY26, Blinkit's net order value (NOV) grew at 104% CAGR. Growth rates are now naturally moderating off a much larger base. Over the next three years, NOV growth CAGR should easily be north of 60%. That translates to the business growing to >4x its current scale in three years."

"Quick commerce today is still concentrated in the top 15-20 cities and in a relatively narrow set of categories. The headroom for growth on geography, assortment, and frequency is substantial," he added.

Eternal Q4 Results Live Updates: Shares of Eternal settled 1.09% higher at ₹258.28 apiece on the NSE post earnings.

Eternal Q4 Results Live Updates: In a letter to shareholders, Eternal CFO Akshant Goyal shares key takeaways from fourth quarter business performance.

• Food delivery (Zomato) NOV growth at 18.8% YoY (-0.9% QoQ) continues to improve for the third quarter in a row, inching closer to our long-term expectation of 20%+ YoY. GOV growth was at 22.5% YoY. On the margin front, Adjusted EBITDA margin (as a % of NOV) improved to 5.5% this quarter with the business delivering an absolute Adjusted EBITDA of ₹532 crore, a YoY growth of 24%.
• Quick commerce (Blinkit) NOV growth remains strong at 95.4% YoY (8.2% QoQ). 216 net new stores were added in the quarter taking the total store count to 2,243 stores as at the end of the quarter. Adjusted EBITDA improved to ₹37 crore (0.3% of NOV) vis-à-vis ₹4 crore in the previous quarter.
• Going-out (District) NOV growth accelerated to 46.5% YoY (5.8% QoQ) while Adjusted EBITDA losses reduced to ₹81 crore vs ₹121 crore loss in Q3FY26. As a result, Adjusted EBITDA margin (as a % of NOV) improved to -3.0% from -4.7% in Q3FY26.
• Hyperpure’s restaurant supply Revenue growth improves to 37% YoY vs 33% in the previous quarter, with overall Adjusted EBITDA margin improving to 0.5% resulting in absolute Adjusted EBITDA profit of ₹5 crore (as compared to ₹1 crore in the previous quarter).

Eternal Q4 Results Live Updates: Deepinder Goyal, the founder of Eternal, in a letter to shareholders said, "Last year (FY26), 109 million Indians completed transactions worth over $10 billion through Blinkit, District, and Zomato. The company I accidentally started now touches how India eats, shops, and goes out. But it took us 18 years to get to $10 billion (per year)."

Eternal Q4 Results Live Updates: Consolidated revenue from operations increased 196.45% to ₹17,292 crore during the quarter under review from ₹5,833 crore a year earlier, Eternal said in a regulatory filing. Sequentially, it surged 5.98%.

Eternal Q4 Results Live Updates: Zomato and Blinkit parent Eternal on Tuesday reported a 346.15% rise in consolidated net profit to ₹174 crore in the March quarter. The company had recorded a net profit of ₹39 crore in the same quarter a year ago. Sequentially, it rose 70.58%.

Eternal Q4 Results Live Updates: Shares of Eternal have declined 4.16% the past week, while it has gained 4.13% in the past month. Year-to-date, it is down 22.79%.

Eternal Q4 Results Live Updates: The stock had hit its 52-week high of ₹368.45 per unit on October 16, 2025, while its 52-week low of ₹212.60 apiece was recorded on March 16, 2026.

• Current price: 247.73 (-3.04%)
• Open: 256
• High: 256.48
• Low: 245

Eternal Q4 Results Live Updates: Here's a look at Eternal's board of directors.

• Kaushik Dutta, Chairman & Independent Director
• Deepinder Goyal, Vice Chairman & Non-Executive Director
• Sanjeev Bikhchandani, Non-Executive Director
• Sutapa Banerjee, Independent Director
• Namita Gupta, Independent Director
• Arpana Popat Ved, Independent Director

• Traded Volume (Lakhs): 324.94
• Traded Value (₹ Cr.): 809.31
• Total Market Cap (₹ Cr.): 2,37,234.57
• Free Float Market Cap (₹ Cr.): 1,76,561.63

Eternal Q4 Results Live Updates: Shares of Eternal Ltd declined 3.34% to ₹247 apiece on the National Stock Exchange (NSE) ahead of earnings announcement.

Eternal Q4 Results Live Updates: Eternal operates four businesses, namelym Zomato, Blinkit, District and Hyperpure.

Eternal Q4 Results Live Updates: The market capitalisation of Eternal stands at ₹2,39,463.80 crore as the stock is down 2.96% to ₹247.94 apiece.

Eternal Q4 Results Live Updates: Ahead of earnings announcement, shares of Eternal were down 2.27% to ₹249.7 per unit on the NSE.

Eternal Q4 Results Live Updates: Shares of Zomato and Blinkit parent Eternal Ltd were trading 0.74% lower at ₹253.60 per unit on the National Stock Exchange (NSE) ahead of the earnings announcement.

Eternal Q4 Results Live Updates: Zomato parent Eternal Ltd will hold its fourth quarter earnings conference call on April 28 at 5:00 pm to discuss the financial results.

Eternal Q4 Results Live Updates: The board of directors of Zomato and Blinkit parent Eternal Ltd will meet on Tuesday, April 28, to consider and approve the financial results for the quarter and financial year ended March 31, 2026.