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Eternal clocks ₹936 crore ad spend in Q4

Blinkit drives sharp quarterly gains, even as full-year profit declines and costs rise significantly.

by Newsdesk
Published: Apr 28, 2026, 5:23:00 PM   |  
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Eternal Limited, the parent of Zomato, Blinkit, District and Hyperpure, reported a strong fourth quarter for FY26, led by rapid expansion in its quick commerce business.

The company’s profit after tax (PAT) surged 346.15% year-on-year to ₹174 crore in the January–March quarter, compared to ₹39 crore in the same period last year. However, on a full-year basis, profitability declined, with FY26 PAT at ₹366 crore versus ₹527 crore in FY25.

Revenue from operations saw a sharp jump of 196.4% year-on-year in Q4, reaching ₹17,292 crore. For the full fiscal year, revenue stood at ₹54,364 crore, reflecting strong overall growth across business verticals.

This growth came alongside a significant rise in expenses. Total quarterly costs climbed to ₹17,406 crore, with ₹936 crore allocated to advertising and sales promotion. Delivery-related expenses amounted to ₹2,607 crore, while employee benefit costs stood at ₹927 crore.

Among its segments, Zomato’s core food delivery business posted a 33.2% increase in Q4 revenue to ₹2,737 crore. Meanwhile, Blinkit emerged as the primary growth engine, with revenue surging 674.2% year-on-year to ₹13,232 crore in the quarter and ₹37,779 crore for the full year.

The company’s “going-out” platform, District, also recorded modest growth, with Q4 revenue rising to ₹277 crore. In contrast, Hyperpure, its B2B supplies arm, saw a decline, with revenue falling 46.8% year-on-year to ₹978 crore.

While Eternal’s quarterly performance reflects the momentum of its quick commerce business, rising costs and a dip in annual profit highlight the ongoing investment-heavy nature of its growth strategy.