Eternal Limited (formerly Zomato Limited) announced its financial results for the quarter and year ended March 31, 2026. The company reported a significant annual revenue of INR 54,364 crore, reflecting substantial year-over-year growth. Additionally, the Board approved the transfer of its District platform’s technology stack and identified employees to its wholly owned subsidiary, Wasteland Entertainment Private Limited, for a consideration of INR 24.19 crore to enhance operational efficiency.
Financial Performance Highlights
For the financial year ended March 31, 2026, Eternal Limited demonstrated strong operational momentum. The company achieved a total annual revenue of INR 54,364 crore, a notable increase from the INR 20,243 crore recorded in the previous fiscal year. The company posted a net profit of INR 366 crore for the year. The statutory auditors have issued an unmodified audit report, affirming the company’s financial disclosures.
Strategic Asset Transfer
The Board has approved an Asset Transfer Agreement (ATA) with its wholly owned subsidiary, Wasteland Entertainment Private Limited (WEPL). This move involves the transfer of the District platform’s technology stack and its associated personnel. The total consideration for this transfer is INR 24,19,13,925. This strategic decision is intended to improve organizational efficiency and unlock new business opportunities, with an expected completion date of May 1, 2026.
Segment Growth
The company’s growth remains driven by its core segments. The Quick commerce division saw explosive growth, reaching INR 37,779 crore in annual revenue for FY 2026. Other segments, including India food ordering and delivery (INR 10,159 crore) and Hyperpure supplies (INR 5,366 crore), continue to contribute significantly to the group’s overall performance. The management transition in early 2026, with Albinder Singh Dhindsa stepping in as the new Chief Executive Officer, marks a new chapter for the company’s strategic direction.
Operational Updates
Eternal Limited is actively navigating regulatory inquiries, specifically regarding GST on delivery charges. Supported by expert advice, the company maintains a strong defense on the merits of these cases. Furthermore, following the acquisition of Orbgen Technologies and Wasteland Entertainment in August 2024, the company continues to integrate these platforms to strengthen its Going-out business, which encompasses dining, ticketing, and event management services.
Source: BSE
