Eternal shares up 3% ahead of Q1 results; key things to watch out for

The food delivery and quick commerce firm, which owns the Zomato and Blinkit brands, reported a consolidated net profit of ₹39 crore for the fourth quarter ended March 31, 2025 (Q4 FY25).

The company, which rebranded itself as Eternal in March, had posted a net profit of ₹175 crore in the year-ago period.

The company, in a regulatory filing, said that the results for the quarter and year ended March 31, 2025, along with the December-end quarter, were not comparable with other periods.

The Deepinder Goyal-led firm's revenue from operations in the January-March quarter was at ₹5,833 crore. In the year-ago period, it stood at ₹3,562 crore, the filing showed.

However, during the quarter under review, Eternal's total expenses stood at ₹6,104 crore.

Eternal witnessed a widening of losses in the quick commerce business Blinkit, the regulatory filing showed.

The revenue reporting segments for the Group include India food ordering and delivery; Hyperpure supplies (B2B business); Blinkit (quick commerce); District (dining out and restaurant); and all other segments (residual).

"On August 27, 2024, Eternal Ltd (formerly known as Zomato Ltd) completed the acquisition of Orbgen Technologies Pvt Ltd (OTPL) and Wasteland Entertainment Pvt Ltd (WEPL), holding the Movies Ticketing business and Events business, respectively, from One 97 Communications Ltd (OCL).

"These acquisitions were executed through a combination of secondary share purchases from OCL amounting to ₹758 crore (for both the entities) and a primary infusion into the OTPL and WEPL amounting to ₹1,260 crore. This amount was subject to adjustments as agreed in definitive agreements. Post-adjustment, the total purchase consideration amounts to ₹2,014 crore," Eternal said.

What to expect in Q1 FY26 earnings

The company's key financial metrics, such as net income, gross order value (GOV), and expenses, are key monitorables.

Besides, the demand environment, outlook, customers' changing preferences and trends, and Blinkit's financials and expansion strategies will also be keenly tracked by market participants.