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Eternal shares surge 7.5% after CEO Deepinder Goyal exit, Q3 results

Eternal's shares surged over 7% following the resignation of CEO Deepinder Goyal and the release of its strong Q3 results for FY26. The company reported a significant revenue increase of 201% year-on-year, with a net profit growth of nearly 73%, driven primarily by its quick commerce segment.

Deepinder Goyal, founder of Zomato and outgoing CEO of Eternal

Deepinder Goyal, founder of Zomato and outgoing CEO of Eternal

Credit: Hindustantimes

Key Highlights

  • Eternal's Q3 revenue reached ₹16,135 crore, up 201.85% YoY.
  • Net profit rose 72.88% to ₹102 crore in the same quarter.
  • EBITDA increased by 127.16% to ₹368 crore, with a margin of 2.3%.
  • Shares jumped 7.33% to ₹304.20 on the BSE following the results.
  • The company noted a like-for-like revenue growth of 64% YoY.
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Business

Sources

  1. Eternal shares surge 7.5% after CEO Deepinder Goyal exit, Q3 results
  2. Eternal share price jumps 7% after Q3 results, Deepinder Goyal’s resignation; Should you buy, sell or hold the stock?

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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