Eternal, formerly known as Zomato, has posted an impressive 64% year-on-year (YoY) revenue growth for the quarter ending March 31, 2025. The strong performance across its business verticals has pushed its total revenue from operations to Rs 5,833 crore in FY25, up from Rs 3,562 crore in FY24. However, despite the surge in revenue, the company reported a sharp dip in net profit due to higher operating expenses and expanded investments across segments.

The total income also reflected a 63.3% jump, reaching Rs 6,201 crore in FY25 as compared to Rs 3,797 crore in the previous year. Yet, the profit before tax stood at Rs 97 crore, showing a decline of 39.8% from Rs 161 crore in FY24, highlighting the pressure from rising costs and strategic investments.

One of the contributing factors to the increased expenditure was the closure of Zomato Quick, a platform previously operated by the company. The shutdown may have added to its operating costs during the financial year.

Eternal’s India food ordering and delivery business saw steady growth, with revenue climbing 18.1% YoY — from Rs 1,739 crore in FY24 to Rs 2,054 crore in FY25. Meanwhile, its B2B supplies segment, Hyperpure, nearly doubled its revenue, reporting Rs 1,840 crore in FY25 compared to Rs 951 crore the previous year — a rise of 93.5%.

The quick commerce segment, one of the most dynamic parts of Eternal’s business, witnessed a massive 122.2% YoY growth, with revenue rising from Rs 769 crore in FY24 to Rs 1,709 crore in FY25. Dining events also contributed significantly, recording a 146.2% surge — from Rs 93 crore in FY24 to Rs 229 crore in FY25.

Despite a drop in profit, Eternal’s robust top-line growth across multiple segments indicates a strong underlying business momentum. With continued focus on strategic investments and segment expansions, the company seems to be setting the stage for long-term growth, even at the cost of short-term profitability.