Eternal Ltd, the parent company of Zomato and Blinkit, reported its Q1 FY26 financial results with revenue rising 70.3% year-on-year to ₹7,167 crore, driven by strong growth in its quick commerce business, which jumped 155% to ₹2,400 crore, and its B2B supplies segment Hyperpure, which increased 89% to ₹2,295 crore. Despite the revenue surge, Eternal's net profit declined sharply by 90% to ₹25 crore from ₹253 crore in the same quarter last year. Blinkit has now surpassed Zomato's food delivery business in size, contributing significantly to the revenue growth. Following the earnings announcement, Eternal's shares surged over 14% to a record high of ₹311.25 on the NSE, marking a 54% gain so far in FY26. One97 Communications Ltd, the parent company of fintech firm Paytm, posted a net profit of ₹122.5 crore in Q1 FY26, reversing a loss of ₹838.9 crore in the same quarter last year. The company’s revenue from operations increased 28% year-on-year to ₹1,918 crore, with payment services revenue up 18% to ₹1,044 crore and financial services distribution doubling to ₹561 crore. This marks Paytm's first-ever profit quarter, driven by operational improvements and cost reductions despite ongoing challenges such as wallet suspensions. In contrast, Swiggy reported a widening consolidated loss of ₹1,197 crore in Q1 FY26, up from ₹1,081 crore in the previous quarter, as expenses increased by 60%. The company’s consolidated income grew 12.5% quarter-on-quarter to ₹4,961 crore, supported by a 54% revenue rise driven by a 132% increase in advertising and promotional spend. Swiggy acknowledged competition from Rapido, a former investee now considered a rival, with plans to separate. Despite the revenue growth, Swiggy experienced its second consecutive quarter of cash burn exceeding ₹1,000 crore. Additionally, MobiKwik reported a six-fold increase in Q1 losses to ₹42 crore amid a 21% decline in revenue, primarily due to a 65% drop in its financial services segment revenue to ₹58.3 crore.