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

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Shares of Eternal Ltd. surged to the highest in at least six weeks, a day after founder Deepinder Goyal stepped out of the corner office.

Deepinder Goyal, founder of Zomato and outgoing CEO of Eternal. (HT)
Deepinder Goyal, founder of Zomato and outgoing CEO of Eternal. (HT)

Eternal's share price rose as much as 7.33% over previous close to an intraday high of 304.20 on the BSE even as the benchmark S&P BSE Sensex gained nearly 1%. That, after Goyal resigned as the CEO of the company and third-quarter results.

Consolidated net profit of the Gurugram-based company rose 72.88% over the year-ago period to 102 crore in the quarter ended 31 December 2025, on revenue that tripled to 16,135 crore, according to an exchange filing on Wednesday (21 January 2026).

Analysts polled by Bloomberg News had estimated the topline at 16,224 crore and the bottomline at 115 crore.

Eternal Q3 Results FY26 (Consolidated, YoY)

  • Revenue up 201.85% at 16,135 crore (Estimate: 16,224 crore)
  • EBITDA up 127.16% at 368 crore (Estimate: 333 crore)
  • EBITDA margin down 70 bps at 2.3% (Estimate: 2.1%)
  • Net profit up 72.88% at 102 crore (Estimate: 115 crore)

One basis point is one-hundredth of a percentage point.

This is a developing story. More to come.

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