CosmicTaco

Zomato Updates: Growth Slows, Leadership Shifts

CosmicTaco · 2025-07-21T19:46:50.179356+05:30

- Zomato's parent company Eternal Limited reports a 67% year-on-year revenue surge in Q1 FY26 but net profit drops 90% due to investments in quick commerce. - CEO Deepinder Goyal outlines a modest food delivery growth outlook, with potential YoY growth of 15-20% by FY27, focusing on operational maturity. - Zomato's food delivery revenue increased by 18% YoY but faces challenges from new entrants like Rapido and Zepto in the market. - Going-Out vertical generates promising revenue, targets $3 billion NOV, supported by growth in dining services and new ticketing platform acquisitions. - Eternal maintains a strong cash reserve of Rs 18,857 crore, investing in expanded infrastructure and technology to bolster future growth strategies. Source: [The Arc](https://www.thearcweb.com/article/zomato-blinkit-eternal-growth-guidance-food-delivery-lX733wG8L3YE9RF9)

Zomato's parent company Eternal Limited reports a 67% year-on-year revenue surge in Q1 FY26 but net profit drops 90% due to investments in quick commerce.
CEO Deepinder Goyal outlines a modest food delivery growth outlook, with potential YoY growth of 15-20% by FY27, focusing on operational maturity.
Zomato's food delivery revenue increased by 18% YoY but faces challenges from new entrants like Rapido and Zepto in the market.
Going-Out vertical generates promising revenue, targets $3 billion NOV, supported by growth in dining services and new ticketing platform acquisitions.
Eternal maintains a strong cash reserve of Rs 18,857 crore, investing in expanded infrastructure and technology to bolster future growth strategies.

Source: The Arc