Eternal Limited (formerly Zomato Limited) reported a consolidated net profit after tax of ₹71.73 crore for the quarter ended June 30, 2026, marking a significant increase from the ₹58.37 crore recorded in the corresponding period of the previous year. Total income from operations rose 31% to ₹163.37 crore in Q1FY27, compared to ₹124.49 crore in Q1FY26. Alongside these financial results, the company announced that its 16th Annual General Meeting (AGM) will be held on Wednesday, August 26, 2026, via Video Conferencing or Other Audio Visual Means (OAVM). Shareholders are advised to note the remote e-voting window, which opens on August 22 and closes on August 25, 2026.

The financial performance reflects strong operational momentum entering FY27. Consolidated earnings per share (EPS) stood at ₹58.36 (basic) for the quarter, up from ₹44.11 in Q1FY26. For the full year ended March 31, 2026, Eternal reported a consolidated net profit after tax of ₹182.53 crore against total income of ₹599.51 crore. The standalone results also showed growth, with net profit after tax reaching ₹35.09 crore in Q1FY27, compared to ₹30.15 crore in the year-ago quarter. Standalone revenue from operations was ₹81.79 crore in the current quarter.

Financial Highlights

Note: Figures are rounded to two decimal places based on source data in lakhs.

AGM and E-Voting Details

The 16th AGM is scheduled for August 26, 2026, at 12:00 P.M. (IST). The cut-off date to determine voting eligibility is Wednesday, August 19, 2026. Shareholders holding shares as on this date are entitled to vote. Remote e-voting will commence on Saturday, August 22, 2026, at 9:00 A.M. (IST) and conclude on Tuesday, August 25, 2026, at 5:00 P.M. (IST). Once cast, votes cannot be modified. Members who have voted remotely may attend the meeting via VC/OAVM but cannot vote again.

Shareholders who have not registered their email addresses with the company, Registrar and Share Transfer Agent (RTA), or Depository Participants (DPs) must do so to access the AGM notice and Annual Report electronically. Physical copies can be requested by writing to companysecretary@eternal.com or the RTA, MUFG Intime India Private Limited. The documents are also available on the company’s website, www.eternal.com , and the stock exchange portals.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on July 29, 2026. The Statutory Auditors have issued an unmodified limited review report on the Q1FY27 results. The AGM notice and related communications comply with Regulation 30 of the SEBI Listing Regulations and General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs (MCA), which permits virtual meetings.

Eternal Limited (formerly known as Zomato Limited) has published its Annual Report for the financial year ended March 31, 2026, and issued a notice convening its 16th Annual General Meeting (AGM) to be held on Wednesday, August 26, 2026 at 12:00 P.M. (IST) through video conferencing. The report reveals a transformative year for the company, marked by a significant shift in its quick commerce business model and substantial growth across most segments.

Financial Performance: Consolidated Highlights

Consolidated revenue from operations grew 169% year-on-year to INR 54,364 crore in FY26 from INR 20,243 crore in FY25, primarily driven by the transition to an inventory model in quick commerce. Under this model, revenue now includes the full monetary value of goods sold rather than only the marketplace commission. The following table summarises the key consolidated and standalone financial metrics for FY26 and FY25:

Consolidated PAT declined to INR 366 crore in FY26 from INR 527 crore in FY25, largely due to an increase in depreciation and amortisation expense in the quick commerce business. Consolidated Adjusted EBITDA improved to INR 1,189 crore in FY26 from INR 1,079 crore in FY25, while consolidated EBITDA for the full fiscal year was positive at INR 1,208 crore.

Segment-Wise Revenue Performance

The company operates across four key business segments: food delivery, quick commerce, going-out, and B2B supplies (Hyperpure). The segment-wise revenue performance for FY26 is detailed below:

Food delivery revenue grew 26% YoY to INR 10,159 crore, driven by higher order volumes and increased revenue per order. Quick commerce revenue surged 626% YoY to INR 37,779 crore, reflecting the shift to the inventory-led model. Going-out revenue grew 32% YoY to INR 973 crore, with FY26 being the first full financial year post-acquisition of the entertainment ticketing business. B2B supplies revenue declined 13% YoY to INR 5,366 crore, driven by scale-down of the non-restaurant business following the quick commerce model transition, though the core restaurant supplies business continued to grow.

Corporate Developments and Governance

During FY26, Deepinder Goyal resigned as Managing Director and Chief Executive Officer effective February 1, 2026, and was subsequently appointed as Vice Chairman and Non-Executive Director effective March 13, 2026. Albinder Singh Dhindsa was appointed as Chief Executive Officer effective February 1, 2026. The Board met 8 times during the financial year, and no dividend was recommended for FY26. Additionally, the following independent directors were re-appointed for a second term of 5 consecutive years: Kaushik Dutta (March 1, 2026 to February 28, 2031), Namita Gupta (March 1, 2026 to February 28, 2031), Sutapa Banerjee (April 12, 2026 to April 11, 2031), and Aparna Popat Ved (April 19, 2026 to April 18, 2031).

As at March 31, 2026, the company had 16 direct subsidiaries and 4 step-down subsidiaries, with no associate companies or joint ventures. Key subsidiary changes during the year included the incorporation of Blinkit Foods Limited (August 18, 2025) and Eternal General Service Foundation (December 18, 2025), and the dissolution of Zomato Malaysia Sdn. Bhd., Zomato Internet Hizmetleri Ticaret Anonim Sirketi, and Zomato Netherlands B.V. The statutory auditors, M/s. Deloitte Haskins & Sells, issued an unmodified opinion on both standalone and consolidated financial statements for FY26. The secretarial audit report by M/s. Chandrasekaran Associates also contained no qualifications or adverse remarks.

QIP Utilisation and Capital Structure

The company's utilisation of Qualified Institutions Placement (QIP) proceeds as on March 31, 2026 is summarised below:

The issued, subscribed and paid-up share capital of the Company as on March 31, 2026 stood at INR 9,65,03,50,647/-, with no change in capital structure during the year. As on March 31, 2026, the permanent employee count was 6,750 on a standalone basis and 21,995 on a consolidated basis. The overall median remuneration of employees increased by 27.25% (on standalone basis) and 25.83% (on consolidated basis) as on March 31, 2026.

AGM Details

The 16th AGM will be held on August 26, 2026 at 12:00 P.M. (IST) through VC/OAVM. The cut-off date for e-voting eligibility is August 19, 2026, with remote e-voting open from August 22, 2026 at 9:00 A.M. (IST) to August 25, 2026 at 5:00 P.M. (IST). The sole ordinary business item, apart from adoption of financial statements, is the re-appointment of Sanjeev Bikhchandani (DIN: 00065640) as Non-Executive Nominee Director, who retires by rotation.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE758T01015/6bfcf1f7a4214bd1.pdf