Zomato Q4FY26 Results: Blinkit Surge and Food Delivery Strength Drive Record Growth

Zomato delivered a strong finish to FY26, showcasing accelerating growth and improving profitability across its key business segments. For the quarter ended March 31, 2026, the company reported a 186% year-on-year (YoY) jump in consolidated adjusted revenue to ₹17,680 crore, while B2C Net Order Value (NOV) climbed 54% YoY to ₹26,880 crore. The performance reflects Zomato’s continued execution in scaling quick commerce alongside steady gains in its core food delivery vertical.

Blinkit Emerges as the Key Growth Driver

Quick commerce platform Blinkit remained the standout contributor during the quarter. Its NOV surged 95.4% YoY, supported by aggressive store expansion and improved product availability. Zomato added 216 net new stores, taking Blinkit’s total network to 2,243 stores.

Higher penetration in dense urban clusters and a wider assortment—touching up to 80,000 SKUs in select markets—strengthened its competitive positioning. Importantly, Blinkit reported a positive adjusted EBITDA of ₹37 crore, marking a significant milestone for a segment often associated with high cash burn and signalling early-stage profitability at scale.

Food Delivery and Going-Out Maintain Momentum

Zomato’s core food delivery business continued to grow steadily, with NOV rising 18.8% YoY. Strategic tweaks such as lowering free delivery thresholds for Gold members and introducing value-focused offerings helped boost order frequency and attract price-sensitive users.

Meanwhile, the “Going-out” segment, anchored by its District platform, saw a sharp 46.5% YoY increase in NOV. Growth was driven by rising consumer spending on dining, entertainment, and experiences, supported by a seamless platform integrating bookings and ticketing services.

Profitability Improves With Scale

The company’s profitability metrics showed meaningful expansion. Consolidated adjusted EBITDA rose 160% YoY to ₹429 crore, reflecting operating leverage and better cost discipline across segments. Zomato also maintained a strong cash position of ₹17,972 crore, ensuring sufficient headroom for future investments and expansion.

Read more: Maruti Suzuki Dividend FY26: ₹140 Final Payout Announced, Record Sales Offset Profit Dip.

Conclusion

Zomato’s Q4FY26 performance highlights its transition into a diversified consumer tech platform. With Blinkit scaling rapidly and core businesses remaining resilient, the company is steadily moving toward its long-term goal of doubling NOV to $20 billion while strengthening profitability.

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