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Eternal Limited posts steady Q3 revenue and profit numbers
NEW DELHI: Eternal Limited, formerly known as Zomato, has released its financial results for the third quarter and nine months ending 31 December 2025, reporting steady growth across key segments.
For the quarter, consolidated total income reached Rs 16,663 crore, generating a profit before tax of Rs 170 crore. Net profit after tax was Rs 102 crore, while total comprehensive income, factoring in other gains and losses, stood at Rs 130 crore. Over the nine-month period, consolidated income surged to Rs 38,126 crore, with profit before tax at Rs 387 crore and net profit at Rs 192 crore. Total comprehensive income for the nine months came in at Rs 12 crore, reflecting adjustments from equity instruments, foreign exchange, and remeasurements of employee benefit plans.
On a standalone basis, Eternal reported total income of Rs 3,308 crore in Q3 and Rs 9,212 crore over nine months, with net profit aligning with consolidated results at Rs 102 crore for the quarter and Rs 192 crore for the nine months. Earnings per share for the quarter were Rs 0.11, basic and diluted, and Rs 0.21 basic and Rs 0.20 diluted for the nine-month period.
Segment-wise, India food delivery recorded Rs 2,676 crore in Q3 and Rs 7,422 crore for the nine months, while Blinkit quick commerce generated Rs 12,256 crore in the quarter and Rs 24,547 crore over nine months. Hyperpure supplies contributed Rs 1,170 crore in Q3 and Rs 4,388 crore over the nine months.
Total expenses for the quarter were Rs 16,493 crore, driven by stock purchases of Rs 10,076 crore, delivery and logistics costs of Rs 2,376 crore, employee benefits of Rs 914 crore, advertising and promotions of Rs 937 crore, and depreciation and amortisation of Rs 439 crore. Over nine months, expenses amounted to Rs 37,739 crore against total income of Rs 38,126 crore.
The results indicate a steady performance across Eternal’s core business lines, particularly in food delivery and quick commerce, even as the company navigates regulatory challenges and integrates acquisitions into its operations.
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SatLeo Labs raises $5.5m seed funding led by Unicorn India Ventures
Fresh capital to power thermal satellite mission and AI data platform
MUMBAI: SatLeo Labs has raised $2.2 million in a fresh seed round led by Unicorn India Ventures, taking its total funding to $5.5 million as it steps up efforts to scale its space-based thermal intelligence platform.
The funding round also saw participation from existing backers including Merak Ventures, Java Capital, IIMA-CIIE and deep-tech investor Manish Gandhi.
The capital will be used to accelerate SatLeo’s flagship thermal satellite mission and further develop its AI-powered platform designed to deliver high-resolution thermal and visible data from low Earth orbit. The company aims to turn this data into actionable insights for sectors ranging from climate monitoring to urban planning.
Over the past year, SatLeo has scaled rapidly, growing its team from 8 to 30 specialists across satellite engineering, thermal sensing and AI-led geospatial analytics. It has also achieved a key milestone with the development of its first experimental payload, TAPAS-1, which reached near flight-ready status within six months and is now positioned for launch.
On the ground, the startup has begun translating its technology into real-world use cases. Pilot projects in cities such as Ahmedabad and Tumakuru have focused on monitoring urban heat islands and air pollution, impacting over 400,000 citizens. At the same time, its commercial pipeline has expanded sharply, with letters of intent rising from around $15 million to over $42 million within a year.
SatLeo Labs co-founder and CEO Shravan Bhati said, “Sustainability has become imperative amid accelerating climate change and rapid urbanisation. This fundraise represents a critical milestone as we move into the execution phase of our next mission.”
He added that the company is focused on scaling its satellite constellation and enhancing payload performance to deliver thermal intelligence at a global level.
Backing the startup, Unicorn India Ventures managing partner Bhaskar Majumdar said, “Space is an arena where the next wave of technological innovation will emerge. SatLeo’s ability to combine thermal and visible satellite data into real-time insights positions it strongly for long-term growth.”
Looking ahead, SatLeo plans to focus on launch readiness, expanding commercial deployments and scaling its technology stack over the next 12 months.
As demand for climate and environmental intelligence grows, SatLeo’s latest fundraise signals rising investor confidence in space-tech solutions that bring data from orbit down to everyday decision-making.
