Jomato shares climbed 15%: This boom due to better quarterly results, the company’s earnings increased by 69% in Q1Fy26, profit decreased

Jomato changed its name on 20 March 2025 to Eternal Limited. The official listing with the new name ‘Eaterial’ on the Stock Exchange took place on 9 April 2025

Due to the better quarterly results, online food delivery company Jomato (Eternal Limited) shares are 15% on Tuesday, July 22, on Tuesday 22 July. It was 10% in the early trade of the market.

Right now (9:35 AM) It is trading up 14.45%. Jomato’s stock closed at Rs 276.50 today, after the result on tomorrow i.e. Monday, July 21, at Rs 276.50. Eternal shares have been given 15.61% in the last 5 days, 20.27% in a month and 44.87% in six months.

Eternal earnings increased by 69% in the first quarter

FY has earned a total of Rs 7,521 crore in the first quarter (Q1Fy26) of FY 2025-26. This is 69.31% higher than last year. The company earned Rs 4,442 crore in the same quarter of last year.

Out of the total earnings, the company survives Rs 25 crore as a net profit (consolidated net profit) with the total earnings. It has fallen 90% on the annual base (April-June of 2025). The company had a profit of Rs 253 crore in the same quarter last year.

90% of Jomato’s reason for low profit:

• Jomato expanded the stores of its Quick Commerce Platform Blinkit, which has increased the operative cost. 243 new stores of blinkit are opened in this quarter, increasing the number of stores to 1,544. The company has a target to reach 2,000 stores by December 2025.
• In June 2024, Jomato bought grocery, snacks, and everyday items worth Rs 1,116 crore. Whereas in June 2025, this purchase increased by 129.1% to Rs 2,557 crore. At the same time, there was a change of Rs 17 crore in June 2024 in the Changej in Inventies of Stock-in Trade. In June 2025, there was a change of Rs 273 crore. That is, there was a huge increase in stock.

Revenue increased by 70% to ₹ 7,167 crore

In the first quarter (Q1fy25), Jomato generated a revenue of Rs 7,167 crore from the operation (selling product-service). It has increased by 70.39% compared to last year’s April-June. In April-June 2025, the company generated a revenue of Rs 4,206 crore.

Quick Commerce ahead of food delivery business

Eternon reported that this is the first quarter, when the company’s Quick Commerce segment has recorded a higher net order value (Nov) than the Food delivery segment in the history of the company.

The Net Order Value of the company’s Quick delivery service segment (Blinkit) was ₹ 9,203 crore in the June quarter. At the same time, the net order value of the company’s food delivery business was ₹ 8,967 crore.

Jomato changed its name on 20 March 2025 to Eternal Limited. The official listing with the new name ‘Eaterial’ on the Stock Exchange took place on 9 April 2025.

Deepinder made Foodibe in 2008

• Deepinder Goyal and Pankaj Chadha together launched their food directory website called Foodibe in 2008. In just nine months, Foodibay became the largest restaurant directory in Delhi NCR.
• After two years in 2010, the company was renamed to Jomato. Soon after its success in Delhi-NCR, the company started spreading branches in cities like Pune, Ahmedabad, Bangalore, Chennai and Hyderabad.
• By 2012, Jomato started expanding abroad by increasing its services in Sri Lanka, UAE, Qatar, South Africa, UK and Philippines. In 2013, New Zealand, Türkiye and Brazil were added to this list.
• Jomato is the country’s first food-tech unicorn. Startups with more than 1 billion dollars are called Unicorn. Jomato first recorded a profit of Rs 2 crore in the first quarter of Financial Year 2024.
• Jomato is a technology platform that connects customers, restaurant partners and delivery partners. In addition to food delivery, Jomato founder Deepinder Goyal bought a blinkit in August 2022 for grocery delivery.

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