Eternal Limited Q4 Financial Results and Technology Asset Transfer

Eternal Limited (formerly Zomato Limited) has announced its financial performance for the quarter and year ended March 31, 2026. The company reported a consolidated net profit of INR 174 crore for Q4 and INR 366 crore for the full fiscal year. Additionally, the Board has approved the transfer of the District platform’s technology stack and identified employees to its subsidiary, Wasteland Entertainment Private Limited, for INR 24.19 crore.

Financial Performance Highlights

For the quarter ending March 31, 2026, Eternal Limited achieved INR 17,292 crore in revenue from operations. On a consolidated basis, the company concluded the financial year with an annual revenue of INR 54,364 crore, compared to INR 20,243 crore in the previous year. The consolidated net profit for the year stood at INR 366 crore, reflecting the company’s continued growth trajectory in its core business segments.

Strategic Asset Realignment

The company has entered into an asset transfer agreement (ATA) with its wholly-owned subsidiary, Wasteland Entertainment Private Limited (WEPL). Under this agreement, the technology stack of the District platform, along with its associated employees, will be transferred to WEPL for a total consideration of INR 24,19,13,925. This strategic move is designed to enhance organizational efficiency and unlock new business opportunities by aligning the ticketing and event management operations under a dedicated entity.

Segmental Growth

The company continues to see strong performance across its key verticals. The Quick Commerce segment remains a significant driver of growth, reporting annual revenues of INR 37,779 crore. Meanwhile, the India food ordering and delivery business contributed INR 10,159 crore to the annual revenue. These results indicate a robust scaling of operations across all major business lines.

Leadership Transition

The Board of Directors also noted recent leadership changes, confirming the appointment of Mr. Albinder Singh Dhindsa as the Chief Executive Officer, effective February 1, 2026. Concurrently, Mr. Deepinder Goyal has transitioned to the role of Vice Chairman and Non-Executive Director, ensuring strategic continuity for the organization.

Source: BSE

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