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Zomato Rebrands as Eternal Ltd | Corporate Website and Ticker to Change
By Bajaj Broking Team
February 07, 2025
1 mins read
Share Market News
Synopsis:
Zomato has announced its official rebranding to Eternal Ltd, with its corporate website shifting to eternal.com and its stock ticker changing accordingly. Zomato share price remains in focus as the company aligns its identity with its diversified business model.
Zomato Ltd has announced a significant rebranding move, with the parent company’s name officially changing to Eternal Ltd. The decision, approved by the board of directors on February 6, 2025, awaits final approval from shareholders, the corporate affairs ministry, and other statutory authorities. While the corporate website will transition to eternal.com and the stock ticker will reflect the new name, the Zomato app will retain its current branding.
The move reflects Zomato’s broader business expansion, which now includes its four major verticals: food delivery platform Zomato, quick commerce arm Blinkit, going-out business District, and business-to-business supplies platform Hyperpure.
Also read: Bharti Hexacom Transfers 3,400 Towers to Indus Towers
ETERNAL LIMITED
Tradeopens in a new tab228.81-7.57 (-3.20 %)
Updated - 25 April 2025
Key Takeaways:
Zomato Ltd will be rebranded as Eternal Ltd following necessary approvals.
The corporate website will change from zomato.com to eternal.com.
The stock ticker will transition from Zomato to Eternal.
The Zomato app will retain its current branding.
Eternal Ltd will include Zomato, Blinkit, District, and Hyperpure.
The company has been using the name Eternal internally since acquiring Blinkit.
Zomato share price remains in focus amid the corporate transition.
Also read: IndiGo Leases Boeing 787 Dreamliner for Global Expansion
Zomato’s Financial Growth and Business Segments
The rebranding aligns with Zomato’s strong financial performance and evolving business strategy. In Q3 FY25, Zomato’s revenue from operations surged 64% year-on-year to Rs.5,405 crore, up from Rs.3,288 crore in the previous year. Blinkit’s revenue increased 21% sequentially to Rs.1,399 crore, reflecting the growing demand for quick commerce. Additionally, the company’s gross order value (GOV) rose 27% quarter-on-quarter to Rs.7,798 crore.
Zomato’s Q3 FY25 Financial Highlights
Metric | Q3 FY25 | Q3 FY24 | Growth Rate |
Revenue from Operations | Rs.5,405 crore | Rs.3,288 crore | 64% YoY |
Blinkit Revenue | Rs.1,399 crore | Rs.1,156 crore (Q2 FY25) | 21% QoQ |
Gross Order Value (GOV) | Rs.7,798 crore | Rs.6,132 crore | 27% QoQ |
Impact on Zomato Share Price and Business Outlook
Zomato’s rebranding to Eternal Ltd signals its long-term vision of becoming a diversified tech-driven enterprise. The company’s expansion into multiple business segments strengthens its market positioning and long-term growth potential. Investors are closely monitoring Zomato share price to assess how the rebranding will impact market sentiment and future growth prospects.
The transition aligns with Zomato’s evolution from a food delivery platform into a broader ecosystem encompassing quick commerce, B2B supplies, and experiential services. As the company moves forward with its new identity, its performance across all business verticals will play a key role in driving investor confidence and market valuation.
Zomato’s transition to Eternal Ltd marks a significant shift in its corporate identity, aligning with its expanding business model. As the rebranding takes effect, Zomato share price will remain a key focus for investors, reflecting market reactions to this strategic move.
Also read: ITC Acquires Prasuma, Expands Frozen Foods Portfolio, ITC Share Price News
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