Zomato charges per order Rs. Eternal shares rallied 3% from the lows after a platform fee hike of 2.4%

Its food delivery platform Zomato charges a platform fee per order of Rs. After gaining 2.40 on Friday, Eternal Shares on the NSE traded at Rs. 230.10 from an intraday low of 3% to Rs. 236.70 touched the day’s high. The stock saw a strong response from investors and over 5.5 crore shares were traded on the exchange. The traded value of the shares is Rs. 1,293 crores.

Shares last traded at Rs. 228.74 as compared to the last closing price of Rs. 3.67 or 1.60% to Rs. closed at 232.41.

According to a news report by ET Tech, on a pre-GST basis, the platform fee on Zomato is now Rs. 12.50 to Rs. 14.90 per order. The last such hike was carried out in September 2025, the report said. Zomato’s food delivery rival Swiggy currently charges a fee of Rs 14.99 per order including tax. Usually, two players follow each other in changing these charges.

The move comes at a time when urban mobility startup Rapido has launched its food delivery offering only in Bengaluru, claiming that it will not charge customers or restaurants any additional fees apart from delivery charges.

Eternal shares have seen a significant correction, falling 30% in the last six months. It has underperformed the Nifty and BSE Sensex, which have fallen 9% and 10% respectively in the same period.

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      According to Trendlyne data, the shares are currently trading at Rs. 265 and Rs. 291 is trading below its 50-day and 200-day simple moving averages (SMA).

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      Eternal, which also operates quick commerce arm Blinkit, posted a consolidated net profit of 73% year-on-year (YoY) to Rs. 102 crore has been recorded. Income from operations increased 201% YoY to Rs. 16,315 crores.

      Revenue growth was primarily driven by an accounting shift toward inventory ownership in brisk commerce, where revenue now includes the full value of goods sold rather than just marketplace commissions. According to Eternal, like-for-like revenue growth during the quarter was 64% year over year.

      Consolidated EBITDA grew by 28% YoY to Rs. 364 crore, while QoQ grew by 63%.

      For the food delivery business, adjusted revenue grew 26% year-on-year to Rs. 2,413 crores. Net order value (NOV) grew 17% YoY, faster than the 13.8% growth in the previous quarter. This marks the second consecutive quarter of NOV growth acceleration, following a trough of 13.1% in Q1 of FY26. Gross order value (GOV) growth for the third quarter was 21% YoY.

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      (Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times.)

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