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News for India > Business > Eternal share price jumps 7% after Q3 results, Deepinder Goyal’s resignation; Should you buy, sell or hold the stock? | Stock Market News
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Eternal share price jumps 7% after Q3 results, Deepinder Goyal’s resignation; Should you buy, sell or hold the stock? | Stock Market News

Last updated: January 22, 2026 9:29 am
3 weeks ago
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Eternal share price jumped over 7% in early trade on Thursday after the company reported its Q3 results. Eternal shares rallied as much as 7.33% to ₹304.20 apiece on the BSE.

Eternal, which operates the food delivery platform Zomato and quick commerce arm Blinkit, reported a consolidated net profit growth of 73% year-on-year (YoY) to ₹102 crore in the quarter ended December 2025.

The company’s revenue from operations in Q3FY26 surged 201% YoY to ₹16,315 crore, led by growth in quick commerce business. Eternal said, the like-for-like revenue growth during the quarter was 64% YoY.

Consolidated EBITDA during the December quarter increased 28% YoY to ₹364 crore. On a sequential basis, EBITDA grew 63%.

The company informed the exchanges that Deepinder Goyal has resigned as Managing Director and Chief Executive Officer, effective February 1. Goyal will take on a new role as Vice Chairman and Director on the Board.

Eternal’s food delivery business’ adjusted revenue rose 26% YoY to ₹2,413 crore. Net order value (NOV) reported a growth of 17% YoY. Gross order value (GOV) growth stood at 21% YoY.

The segment’s absolute adjusted EBITDA rose 26% YoY to ₹531 crore, and its adjusted EBITDA margin (as a percentage of NOV) touched an all-time high of 5.4%.

In the quick commerce segment, Blinkit’s NOV growth was at 121% YoY and like-for-like NOV growth stood at 130% YoY. Adjusted EBITDA margin (as a percentage of NOV) turned positive for the first time on a quarterly basis, with an adjusted EBITDA profit of ₹4 crore, compared with a loss of ₹156 crore in the previous quarter, Eternal said.

At 9:25 AM, Eternal share price was trading 2.45% higher at ₹290.35 apiece on the BSE.



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TAGGED:Deepinder GoyalEternaleternal q3 resultsEternal share priceeternal shareseternal stock price
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