Everlasting Restricted, previously often called Zomato, reported robust development in income and revenue for the third quarter of FY26. The efficiency was primarily pushed by the speedy growth of its inventory-led fast commerce enterprise Blinkit and a change in income recognition after transferring to a list possession mannequin.

The Gurugram-based foodtech and fast commerce firm reported a consolidated internet revenue of Rs 102 crore for Q3 FY26, in contrast with Rs 59 crore in the identical quarter final yr. This represents a year-on-year improve of about 73%.

Income from operations rose sharply to Rs 16,315 crore in Q3 FY26 from Rs 5,405 crore in Q3 FY25, a rise of round 202% year-on-year. On a quarter-on-quarter foundation, income elevated 20% from Rs 13,590 crore in Q2 FY26.

The corporate stated the sharp rise in reported income was largely as a consequence of its shift to stock possession in fast commerce. Beneath this mannequin, income now contains the total worth of products bought as a substitute of solely market commissions. On a like-for-like foundation, adjusted income grew 64% year-on-year. Blinkit was the biggest contributor to development in the course of the quarter.

Income from Blinkit elevated considerably to Rs 12,256 crore in Q3 FY26 from Rs 1,399 crore a yr earlier, primarily because of the accounting change and scale growth. Internet order worth within the fast commerce phase grew 121% year-on-year, regardless of GST-related adjustments and seasonal elements. On a like-for-like foundation, internet order worth grew round 130%.

Throughout the quarter, Everlasting added 211 internet new Blinkit shops, taking the overall retailer depend to 2,027. This was barely beneath the corporate’s earlier steering of round 2,100 shops.

For the primary time on a quarterly foundation, Blinkit reported a constructive adjusted EBITDA. The phase posted an adjusted EBITDA revenue of Rs 4 crore in Q3 FY26, in contrast with an adjusted EBITDA lack of Rs 156 crore within the earlier quarter. The adjusted EBITDA margin for Blinkit, measured as a share of internet order worth, turned constructive.

The meals supply enterprise, which continues to function below the Zomato model, contributed about 16% of complete income in the course of the quarter. Income from meals supply grew 29% year-on-year to Rs 2,676 crore.

Gross order worth for the phase elevated round 21% year-on-year, whereas internet order worth grew about 17%, marking the second consecutive quarter of acceleration.

The adjusted EBITDA margin for the meals supply enterprise reached an all-time excessive of 5.4% of internet order worth. Adjusted EBITDA for the phase stood at Rs 531 crore, up 26% year-on-year.

Hyperpure, the corporate’s B2B restaurant provide enterprise, reported regular development. Income elevated 33% year-on-year and seven% quarter-on-quarter to Rs 1,070 crore. The phase reported an adjusted EBITDA revenue of Rs 1 crore, its first constructive quarterly EBITDA, in contrast with a lack of Rs 5 crore within the earlier quarter.

The going-out enterprise recorded internet order worth development of about 20% year-on-year. Nonetheless, continued investments in class creation impacted profitability. The phase reported an adjusted EBITDA lack of Rs 121 crore, with margins at minus 4.7%.

For the 9 months ended December 31, 2025, Everlasting reported consolidated complete revenue of Rs 38,126 crore. Income from operations for a similar interval stood at Rs 37,072 crore.

Rising scale led to a pointy improve in prices in the course of the quarter. Complete expenditure elevated to Rs 16,493 crore in Q3 FY26 from Rs 5,533 crore a yr earlier. Price of supplies and stock-in-trade, reflecting the inventory-led mannequin, rose to about Rs 9,801 crore and accounted for roughly 59% of complete bills.

Supply and associated fees elevated 64% year-on-year to Rs 2,376 crore. Worker profit bills rose 33% to Rs 914 crore, whereas promoting and advertising bills elevated to Rs 937 crore from Rs 521 crore final yr.

Consolidated adjusted EBITDA elevated 28% year-on-year to Rs 364 crore and rose 63% in contrast with the earlier quarter.

The corporate’s money stability declined to Rs 17,820 crore on the finish of Q3 FY26, primarily as a consequence of deliberate capital expenditure and dealing capital investments within the fast commerce enterprise.

Together with the earnings announcement, Everlasting knowledgeable inventory exchanges a couple of management change. Founder Deepinder Goyal resigned as Managing Director and CEO with impact from February 1, 2026.

The board has beneficial his appointment as Vice Chairman and Director, topic to shareholder approval.

Albinder Singh Dhindsa, who presently leads Blinkit, has been appointed CEO of Everlasting Restricted with impact from February 1, 2026.