Eternal Ltd

Eternal Ltd has crossed a significant milestone, with its market capitalization surpassing Rs 3.26 lakh crore, reflecting robust investor confidence and sustained corporate performance. The surge is attributed to strong quarterly results, strategic business expansion, and positive market sentiment surrounding its core operations. Analysts highlight that the company’s focus on innovation, operational efficiency, and market diversification has reinforced its valuation.

Eternal Ltd., the parent company of food delivery platform Zomato and quick-commerce arm Blinkit, has reached a new milestone in India’s equity markets. The firm’s market capitalisation has climbed to around Rs. 3.13 lakh crore, propelling it ahead of industrial heavyweight Tata Motors and luxury goods leader Titan. Despite a sharp drop in profitability, Eternal’s revenue surge—powered largely by Blinkit’s rapid expansion—has driven strong investor enthusiasm.

Food delivery and quick commerce giant Eternal Ltd, which owns the well-known brands Zomato and Blinkit, reported a consolidated net profit of Rs. 39 crore for the fourth quarter of FY2025, marking a significant decline from the Rs. 175 crore profit posted in the same period last year. Despite this drop in profits, the company saw a sharp rise in revenue from operations, with a year-on-year increase from Rs. 3,562 crore to Rs. 5,833 crore. However, Eternal also faced rising expenses and a widening loss in its quick commerce business, Blinkit.

Eternal Ltd, formerly known as Zomato, moved swiftly on Thursday to quash speculation surrounding the departure of Rakesh Ranjan, CEO of its food delivery segment. In a regulatory filing, the company clarified that Ranjan remains an active member of its leadership team, emphasizing that internal reshuffling is a routine practice aimed at improving operational efficiency.