NEW DELHI: Eternal Ltd, formerly known as Zomato Ltd, the food delivery and quick commerce enterprise operating Zomato and Blinkit brands, announced on Thursday a consolidated net profit of Rs 39 crore for the quarter ending March 31, 2025. This marks a change from the Rs 175 crore profit recorded in the corresponding period last year.
The company, which adopted the name Eternal, changing from Zomato, in March, noted that the results for the recent quarters are not directly comparable with previous periods.
The organisation’s operational revenue reached Rs 5,833 crore in the January-March quarter, up from Rs 3,562 crore in the previous year’s corresponding period, according to their regulatory submission.
The company’s total expenditure amounted to Rs 6,104 crore during the review period. The quick commerce venture Blinkit experienced increased losses, as indicated in the regulatory documentation.
The organisation’s revenue segments comprise India food ordering and delivery, Hyperpure supplies, Blinkit quick commerce, District dining services, and additional miscellaneous segments.
“On August 27, 2024, Eternal Ltd (Formerly known as Zomato Ltd) completed the acquisition of Orbgen Technologies Pvt Ltd (OTPL), and Wasteland Entertainment Pvt Ltd (WEPL), holding the Movies Ticketing business and Events business respectively, from One 97 Communications Ltd (OCL).”
“These acquisitions were executed through a combination of secondary share purchases from OCL amounting to Rs 758 crore (for both the entities) and primary infusion into the OTPL and WEPL amounting to Rs 1,260 crore. This amount was subject to adjustments as agreed in definitive agreements. Post adjustment, the total purchase consideration amounts to Rs 2,014 crore,” the company said.
Whilst the corporate entity and stock ticker have been renamed to Eternal, the food delivery service continues to operate under the Zomato brand name and application.