Integrated Filing — IndAS



General information about company

Scrip Code 543320
NSE Symbol ETERNAL
MSEI Symbol NOTLISTED
ISIN INE758T01015
Name of company Eternal Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 21-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The Company has multiple segment. The Company publishes their statement of standalone unaudited financial results along with the statement of consolidated unaudited financial results. In accordance with Ind AS 108, ‘Operating Segments’, the Company has disclosed the segment information in the consolidated unaudited financial results and hence have selected here single segment for the purpose of this reporting.
Start date and time of board meeting 21-01-2026   14:00:00
End date and time of board meeting 21-01-2026   15:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Eternal Limited has not taken any external borrowings during the quarter and hence this is not applicable.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 2,88,300.00 7,94,600.00
Other income 42,500.00 1,26,600.00
Total income 3,30,800.00 9,21,200.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 35,100.00 1,05,400.00
(e) Finance costs 900.00 2,100.00
(f) Depreciation, depletion and amortisation expense 5,500.00 14,600.00
(f) Other Expenses
1 Advertisement and sales promotion 56,700.00 1,45,400.00
2 Delivery and related charges 1,22,000.00 3,39,000.00
3 Others 36,600.00 95,500.00
Total other expenses 2,15,300.00 5,79,900.00
Total expenses 2,56,800.00 7,02,000.00
3 Total profit before exceptional items and tax 74,000.00 2,19,200.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 74,000.00 2,19,200.00
6 Tax expense
7 Current tax 8,300.00 24,200.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 8,300.00 24,200.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 65,700.00 1,95,000.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 65,700.00 1,95,000.00
17 Other comprehensive income net of taxes (23,600.00) (21,100.00)
18 Total Comprehensive Income for the period 42,100.00 1,73,900.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 91,100.00 91,100.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.72 2.14
Diluted earnings (loss) per share from continuing operations 0.7 2.08
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.72 2.14
Diluted earnings (loss) per share from continuing and discontinued operations 0.7 2.08
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) The statement of standalone unaudited financial results of Eternal Limited (Formerly known as Zomato Limited) (“the Company”) for the quarter and nine months ended December 31, 2025 (“Financial Results”) have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on January 21, 2026. The Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (LODR Regulations). Exceptional item includes: (INR crores) Particulars Quarter ended Nine months ended Year ended December 31, 2025 September 30, 2025 December 31, 2024 December 31, 2025 December 31, 2024 March 31, 2025 Provision for impairment in value of investment in subsidiary - - - - 3 11 Total - - - - 3 11 - During the nine months ended December 31, 2024, the Company had recognised an impairment loss of INR 3 crores on its investment in Eternal�Technology Solutions Limited (ETSL) (formerly known as Zomato Financial Services Limited (ZFSL)), (a wholly owned subsidiary of the Company) as it had voluntarily withdrawn its application for a Non-Banking Financial Company (Type II NBFC-ND) registration, which was accepted by the RBI. - During the year ended March 31, 2025, in addition to the above, the Company had recognised an impairment loss of INR 8 crores on its investment in Zomato Local Services Private Limited (ZLSPL), (a wholly owned subsidiary of the Company). The impairment was recorded following the closure of ZLSPL's hyperlocal delivery service operations. The Company publishes these financial results along with the consolidated unaudited financial results. In accordance with Ind AS 108, ‘Operating Segments’, the Company has disclosed the segment information in the consolidated unaudited financial results. During the previous year ended March 31, 2025, the Company had allotted 33,64,73,755 Equity Shares of face value INR 1 each to eligible Qualified Institutional Buyers (QIB) at an issue price of INR 252.62 per Equity Share (including a premium of INR 251.62 per Equity Share) aggregating to INR 8,500 crores, pursuant to Qualified Institutional Placement (QIP) in accordance with the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations (the “SEBI ICDR Regulations”). During the previous year ended March 31, 2025, the Company had allotted 47,75,34,845 equity shares having a face value of INR 1/- each to ‘Foodie Bay Employees ESOP Trust’(“Trust”), for further issuance under various Employee Stock Option Plans. On August 27, 2024, Eternal Limited (Formerly known as Zomato Limited) completed the acquisition of Orbgen Technologies Private Limited (“OTPL”), and Wasteland Entertainment Private Limited (“WEPL”), holding the ‘Movies Ticketing’ business and ‘Events’ business respectively, from One 97 Communications Limited (“OCL”/”Seller”). These acquisitions were executed through a combination of secondary share purchase from OCL amounting to INR 758 crores (for both the entities) and primary infusion into OTPL and WEPL amounting to INR 1,260 crores. The Company has made long term strategic investments in Zomato Hyperpure Private Limited (ZHPL), Zomato Entertainment Private Limited (ZEPL),Blink Commerce Private Limited (BCPL), Orbgen Technologies Private Limited (“OTPL”) and Wasteland Entertainment Private Limited (“WEPL”) (subsidiary companies), which are in their initial/developing stage of operation and would generate growth and returns over a period of time. These subsidiary companies have incurred significant expenses for building the brand, market share and operations which have added to the losses of these entities. The parent has committed to provide support to each of its subsidiaries in the event they are unable to meet their individual liabilities. The Company is in receipt of a Show Cause Notice (“SCN”) and Demand Orders (“Orders”) from various GST authorities requiring the Company to pay GST on the delivery charges collected by the Company from the end users on behalf of the delivery partners. The Orders are for October 2019 to March 2022 for all the States amounting to INR 420 crores and for April 2022 to March 2023 for Andhra Pradesh amounting to INR 8 crores and the SCN is for April 2022 to March 2023 for Gujarat amounting to INR 13 crores, with applicable interest and penalties. The Company is contesting the Orders/ SCN at applicable forums. The Company, supported by the external independent expert’s advice, is of the view that it has a strong case on merits. There are no SCNs or Orders on this matter for periods other than those mentioned here. The Government of India, with effect from November 21, 2025, notified the Code on Social Security, 2020; the Occupational Safety, Health and Working Conditions Code, 2020; the Industrial Relations Code, 2020; and the Code on Wages, 2019 (collectively, the “Labour Codes”), which replace existing central labour legislations. Draft rules under the Labour Codes were released by the Ministry of Labour and Employment on December 30, 2025 and are yet to be notified. Various State Governments have also notified state-specific legislations. Based on the Company’s assessment, the provisions currently in force do not have a material impact on the financial results of the Company. The financial impact, if any, of the remaining provisions will be assessed upon notification of the final rules and their effective dates. Subsequent to the reporting date, on January 21, 2026, Mr. Deepinder Goyal has tendered his resignation as Director, Managing Director and Chief Executive Officer of the Company effective close of business on February 1, 2026. Mr. Albinder Singh Dhindsa has been appointed as the Chief Executive Officer of the Company with effect from February 1, 2026. Further, the Board of Directors (“Board”) recommended the appointment of Mr. Deepinder Goyal as the Director and Vice Chairman of the Board effective upon shareholders’ approval.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) The Company publishes these financial results along with the consolidated unaudited financial results. In accordance with Ind AS 108, ‘Operating Segments’, the Company has disclosed the segment information in the consolidated unaudited financial results.



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of the defined benefit plans 0.00 100.00
2 Equity instruments through other comprehensive income (24,200.00) (27,500.00)
Total Amount of items that will not be reclassified to profit and loss (24,200.00) (27,400.00)
2 Income tax relating to items that will not be reclassified to profit or loss (2,500.00) (3,000.00)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of foreign operations 0.00 200.00
2 Debt instruments through other comprehensive income (2,500.00) 4,200.00
Total Amount of items that will be reclassified to profit and loss (2,500.00) 4,400.00
4 Income tax relating to items that will be reclassified to profit or loss (600.00) 1,100.00
5 Total Other comprehensive income (23,600.00) (21,100.00)