ETERNAL

Zomato’s Q1 FY26 results impressed with a 45% YoY revenue jump, led by food delivery and Blinkit’s strong growth. The company turned profitable for the fifth straight quarter with improved margins at 7%. Blinkit’s expansion into Tier-2 cities continues to drive order volumes. At ~110x FY26 EPS, valuations are steep but justified by growth momentum and leadership in quick commerce. Zomato remains a long-term play on India’s consumption and digital ecosystem.