Eternal, a leading food delivery company in India formerly known as Zomato, reported a 77.7% year-on-year decline in consolidated net profit for Q4FY25 to ₹39 crore, due to higher investments in Blinkit and infrastructure expansion. Despite this, the company’s revenue surged 63.8% to ₹5,833 crore.
Eternal, a leading food delivery company in India headquartered in Haryana and formerly known as Zomato, reported a sharp 77.7% year-on-year fall in its consolidated net profit for the fourth quarter of FY25. The net profit stood at ₹39 crore compared to ₹175 crore in the same period last year.
Despite the drop in profit, the company’s revenue from operations witnessed strong growth, rising 63.8% to ₹5,833 crore in Q4FY25, compared to ₹3,562 crore in Q4FY24. Sequentially, revenue was also up 8% over ₹5,405 crore reported in the December quarter.
The fall in profit was largely attributed to increased investments in the company’s quick commerce arm, Blinkit, and higher infrastructure spending across segments. Eternal added 294 new stores in Q4FY25, the highest ever in a single quarter, taking the total to 1,301 stores, of which about 40% are underutilized, having opened in the last two quarters.
We added 1 million sq ft of warehousing space to support this expansion. Despite the costs, our contribution margin slightly improved from 3.8% to 3.9% of net order value.”
Albinder Dhindsa, CEO of Blinkit
Chief Financial Officer Akshant Goyal noted in the exchange filing that the consolidated Adjusted EBITDA declined 15% year-on-year to ₹165 crore. However, the food delivery segment saw its Adjusted EBITDA margin rise to 5.2% from 3.8% the previous year.
Eternal’s ongoing investments reflect its strategy to scale quick commerce while continuing to strengthen core food delivery operations.
