Eternal (Formerly Zomato) Posts Rs 20,211 Cr Revenue and Rs 92 Cr Profit in Q1 FY27
Gurugram-based Eternal — the company formerly known as Zomato — has delivered a landmark financial performance in the first quarter of FY27, reporting consolidated revenue of Rs 20,211 crore alongside a net profit of Rs 92 crore. The results underscore a decisive shift in the company's trajectory, demonstrating that scale and profitability are no longer mutually exclusive in India's fiercely competitive foodtech and quick commerce landscape.
A Multi-Platform Powerhouse
Eternal is no longer just a food delivery app. The company has evolved into a diversified consumer technology conglomerate, operating across four distinct verticals: its flagship food delivery platform, rapid grocery delivery service Blinkit, B2B restaurant supply chain business Hyperpure, and its going-out and entertainment platform District. This multi-platform strategy has been central to driving revenue diversification and reducing dependence on any single business segment.
The rebranding from Zomato to Eternal earlier this year signalled the company's ambition to be seen as something far broader than a food delivery aggregator — a bet that these Q1 FY27 numbers appear to be validating. Blinkit, in particular, has emerged as a key growth engine, riding the explosive consumer demand for 10-minute grocery delivery across Indian metros and rapidly expanding tier-2 cities.
Profitability Signals Maturity
Posting a profit of Rs 92 crore on revenues exceeding Rs 20,000 crore is a significant marker of operational maturity for a company that spent years prioritising growth over margins. While the profit margin remains slim, the direction of travel is unambiguous. Eternal's ability to simultaneously invest heavily in Blinkit's dark store expansion and Hyperpure's supply chain infrastructure — while still returning a profit — speaks to the improving unit economics across its ecosystem.
For India's broader startup ecosystem, Eternal's Q1 FY27 results serve as a powerful proof point: consumer internet businesses built on genuine demand, executed at scale, can indeed achieve sustainable profitability. As competition in quick commerce intensifies with rivals like Swiggy Instamart and Zepto, Eternal's financial discipline and platform breadth place it in a strong position to maintain its leadership in the quarters ahead.