Summary: Eternal Ltd shares jumped nearly 15% to ₹311.25, pushing its market cap to touch ₹3 lakh crore. Strong Q1 results, quick-commerce growth, and improved margins boosted investor confidence, with Info Edge’s stake now valued around ₹40,000 crore.
On Tuesday, July 22, Eternal share price reached an all-time high of ₹311.25, pushing its market capitalisation (market cap) to approximately ₹3 lakh crore.
The company, which owns the popular food delivery platform Zomato and Blinkit, gained traction after reporting its earnings for the quarter ended June 2025, with notable revenue growth and reduced losses in its quick-commerce segment.
Eternal reported revenue from operations of ₹7,167 crore for the quarter ended June 2025, registering a 70% year‑on‑year rise from ₹4,206 crore and a 22.87% sequential increase over ₹5,833 crore in March 2025. Profit after tax stood at ₹25 crore, marking a sharp 90% decline compared to ₹253 crore in June 2024 and down 35.90% from ₹39 crore in the preceding quarter.
For the quarter ending June 30, 2025, the company reported B2C Net Order Value (NOV) of ₹20,183 crore, up 55% year-on-year. Adjusted revenue stood at ₹7,563 crore, showing a 67% increase compared to the same quarter last year, while adjusted EBITDA declined 42% year-on-year to ₹172 crore.
Quick commerce maintained strong momentum, adding 243 new stores during the quarter. NOV for quick commerce rose 127% year-on-year and 25% quarter-on-quarter to ₹9,203 crore, surpassing food delivery NOV for the first time. Adjusted EBITDA losses for quick commerce narrowed to ₹162 crore from ₹178 crore in Q4FY25, with margins improving from -2.4% to -1.8% of NOV.
Food delivery NOV grew 13% year-on-year and 9% quarter-on-quarter, though demand remained soft. Adjusted EBITDA margins improved to 5.0% from 3.9% a year ago but slipped from 5.2% in Q4FY25. The district segment continued its upward trajectory, showing promise to become a large and profitable business in the coming quarters.
On Tuesday Eternal share price surged nearly 15% to an intraday high of ₹311.25 per share. As of 11:17 am IST, the stock price was trading at ₹295.25 per share, up by 9%. The stock price has recorded its highest intraday gains in the last 11 months.
On a year-to-date basis, the stock is up by 6.13%, while in the last 12 months it has given returns of 38.36%. In the last 3 years, the stock has given multibagger returns of 461%.
This rally also boosted the value of Info Edge (India)’s holding in Eternal to nearly ₹35,000 crore, representing over one-third of Info Edge’s total market capitalisation of around ₹94,000 crore at current prices.
Disclaimer: The article is for informational purposes only and not an investment advice.
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