Zomato News
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The latest hike comes amid rising energy costs, including LPG and crude oil, which have increased operating expenses for restaurants and delivery partners, prompting platforms to adjust pricing.
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Eternal had also posted a net profit of Rs 65 crore in the October–December quarter of the current financial year (Q2 FY26). Consolidated revenue from operations surged during the quarter, more than tripling to Rs 16,315 crore from Rs 5,405 crore in the year-ago period. Eternal, which rebranded itself from Zomato in March 2025, also saw a sharp rise in expenses.
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In a letter to shareholders, Goyal explained the thinking behind his decision, saying he has recently felt drawn towards new ideas that involve greater risk, experimentation and exploration. He noted that such ideas are better explored outside a publicly listed company like Eternal, which needs to remain focused and disciplined in its current business approach.
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A meeting was held by Union Labour Minister Mansukh Mandaviya with leading platforms including Blinkit, Zepto, Zomato and Swiggy among others to address concerns related to delivery timelines.
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LocalCircles survey revealed that three out of four households order food at least once a month using mobile apps.
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Several gig workers operating on quick commerce and food delivery platforms, including Zomato, had gone on a flash strike during New Year’s Eve, in support of their demand for high wages, better working conditions and security coverage.
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The incentive push follows calls by delivery worker unions for strikes on December 25 and December 31 to protest pay, working conditions and lack of social security.
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Grammy Award–winning composer Ricky Kej has alleged that a delivery executive trespassed into his Bengaluru home and stole a sump cover, sharing CCTV footage on social media. Food delivery platform Zomato has responded to the incident, calling it concerning and acknowledging the complaint.
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A Delhi restaurant accused Zomato of blocking his restaurant’s orders during peak hours, while nearby eateries continued receiving deliveries. The viral claim prompted a response from Zomato CEO, who assured the matter is being investigated.
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The company posted a profit of Rs 65 crore, compared to Rs 176 crore in the same period last fiscal (Q2 FY25). However, the profit was higher than the Rs 25 crore reported in the previous quarter (Q1 FY26).
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Sharing her journey, Das said that in 2013 she interviewed at both Google and Zomato, but she couldn't make it in the final rounds at the former.
Sharing her journey, Das said that in 2013 she interviewed at both Google and Zomato, but she couldn't make it in the final rounds at the former.
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Bengaluru-based Swiggy has hiked its platform fee for the third time in as many weeks to Rs 15 per order (inclusive of GST), while Gurugram-based Zomato has increased its levy by 20 percent to Rs 12 per order (excluding GST).
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Zomato, Blinkit, District, and Hyperpure are the four main companies that make up Eternal. The company announced that it will appeal the tax demand orders.
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Deepinder Goyal’s net worth has now touched an estimated 1.9 billion dollars (around Rs 15,820 crore), as per Forbes’ real-time billionaire rankings. On the same day, shares of Eternal crossed the Rs 3 lakh crore market cap mark, making the company more valuable than big names like Wipro, Tata Motors, Nestlé, and Asian Paints.
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According to the company’s stock exchange filing, Blinkit has added 294 net new stores in Q4, and is on track to get to 2,000 stores by December 25.
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The reported layoffs came as the company faces challenges in its core food delivery business and rising losses in its quick commerce subsidiary, Blinkit.
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The name change, approved by the company's Board, highlights Zomato's growth beyond just food delivery.
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Amid concerns over monopolisation by online food delivery platforms launching private labels and leveraging restaurant data, the NRAI which represents more than 5 lakh restaurants in the country organised a live poll with 8,000 people from across the country.
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In two days, the company's market capitalisation (mcap) got eroded by Rs 35,175.53 crore to Rs 2,04,876.94 crore.
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