The Zomato operator’s revenue from operations during the quarter stood at Rs 13,590 crore, up 183% from Rs 4,799 crore in the corresponding quarter of the previous financial year.
The bottom line, however, grew 160% sequentially, compared with Rs 25 crore reported in Q1 FY26. The topline also saw a significant uptick of 90% quarter-on-quarter, versus Rs 7,167 crore in the April-June quarter.
The Street welcomed the earnings, sending the stock up 4% to hit a fresh 52-week high of Rs 368.45 on the NSE around 3 pm today.
Eternal’s quick commerce (QC) business reported net order value (NOV) growth of 137% YoY and 27% QoQ, marking its highest in the past 10 quarters.
The company continued its network expansion, adding 272 net new stores, while also recording healthy new customer growth with a net addition of 39 lakh average MTCs.The company’s network expansion continued, with 272 net new stores added, alongside healthy new customer acquisition, with a net addition of 39 lakh average MTCs.Blinkit also reduced its QoQ losses to Rs 156 crore, versus Rs 162 crore in Q1 FY26, with adjusted EBITDA margin improving from -1.8% to -1.3% of NOV.
Food delivery growth has bottomed out and is on a recovery path, with 14% YoY NOV growth, while profitability improved QoQ to an all-time high of 5.3% of NOV, up from 5% in Q1 FY26, according to a company filing with the exchanges.
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