Zomato’s revenue grew 3 times, yet profit declined: 63% down to ₹65 crore in Q2; Share fell 4%

Deepinder Goyal and Pankaj Chadha together launched their food directory website named Foodibay in 2008.

Online food delivery company Zomato (Eternal Limited) has made a profit (consolidated net profit) of Rs 65 crore in the second quarter of the financial year 2025-26 (Q2FY26). This is 63% less than the same quarter last year. The company had a profit of ₹176 crore in Q2FY25.

The company generated revenue of Rs 13,590 crore in the July-September quarter, which is 184% (almost three times) more than Rs 4,799 crore in the same quarter last year. Revenue is the amount received from selling goods and services.

Consolidated profit means performance of the entire group

The results of companies come in two parts – standalone and consolidated. Standalone reports show the financial performance of only one unit, while consolidated financial reports report on the entire company.

Here, Zomato has 21 subsidiaries and 1 trust including Blinkit. The financial reports of all these will be called consolidated. At the same time, the separate result of Blinkit will be called standalone.

Consolidated profit means performance of the entire group

The results of companies come in two parts – standalone and consolidated. Standalone reports show the financial performance of only one unit, while consolidated financial reports report on the entire company.

Here, Zomato has 21 subsidiaries and 1 trust including Blinkit. The financial reports of all these will be called consolidated. At the same time, the separate result of Blinkit will be called standalone.

Zomato changed its name to Eternal Limited on 20 March 2025. The official listing on the stock exchange (BSE-NSE) with the new name ‘Eternal’ took place on 9 April 2025.

Deepinder created Foodibay in 2008

• Deepinder Goyal and Pankaj Chadha together launched their food directory website named Foodibay in 2008. In just nine months, FoodieBay became the largest restaurant directory in Delhi NCR.
• After two years in 2010, the company was renamed Zomato. Soon after its success in Delhi-NCR, the company started expanding branches in cities like Pune, Ahmedabad, Bengaluru, Chennai and Hyderabad.
• By 2012, Zomato had begun expanding overseas by expanding its services to Sri Lanka, UAE, Qatar, South Africa, the UK and the Philippines. In 2013, New Zealand, Türkiye and Brazil were added to this list.
• Zomato is the country’s first food-tech unicorn. Startups valued at more than $1 billion are called unicorns. For the first time, Zomato had registered a profit of Rs 2 crore in the first quarter of the financial year 2024.
• Zomato is a technology platform that connects customers, restaurant partners and delivery partners. Apart from food delivery, Zomato founder Deepinder Goyal had purchased Blinkit in August 2022 for grocery delivery.

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