Eternal Limited, formerly known as Zomato Limited, has reported its financial results for the quarter and year ended March 31, 2026. The company achieved a consolidated annual revenue of INR 54,364 crore, reflecting significant growth. Alongside the financial disclosure, the board approved an asset transfer agreement to move the District platform’s technology stack and its identified employees to its wholly owned subsidiary, Wasteland Entertainment Private Limited, for a consideration of INR 24.19 crore.
Financial Performance Overview
For the financial year ended March 31, 2026, Eternal Limited reported a consolidated annual revenue of INR 54,364 crore, compared to INR 20,243 crore in the previous year. The company posted a consolidated annual profit for the year of INR 366 crore. In the fourth quarter (Jan-Mar 2026), the company recorded revenue from operations of INR 17,292 crore with a quarterly profit of INR 174 crore. The statutory auditor, M/s Deloitte Haskins & Sells, has issued an audit report with an unmodified opinion on the financial results.
Strategic Asset Realignment
The company has entered into an asset transfer agreement with its wholly owned subsidiary, Wasteland Entertainment Private Limited (WEPL). This move involves transferring the technology stack of the District platform along with identified employees to WEPL. The total consideration for this transfer is INR 24,19,13,925. This strategic decision aims to enhance organizational efficiency and unlock new business opportunities by streamlining the operation of the District platform within a focused entity.
Quick Commerce and Segment Highlights
The company continued its rapid expansion, particularly in the Quick Commerce segment, which reported an annual revenue of INR 37,779 crore for the year ended March 31, 2026. The management noted that the segment has transitioned from a marketplace model to a combination of marketplace and inventory-led operations, contributing to the overall growth trajectory of the group.
Leadership Changes
Significant leadership updates were finalized during the year. Mr. Albinder Singh Dhindsa was appointed as the Chief Executive Officer of the company effective February 1, 2026. Additionally, Mr. Deepinder Goyal stepped down from his executive role and was appointed as Vice Chairman and Non-Executive Director, effective March 13, 2026, following shareholder approval.
Source: BSE
