Eternal's Bistro burns Rs 150 cr against under Rs 20 cr revenue in 10-min food push

Bistro, Eternal's 10-minute food delivery pilot, racked up nearly Rs 150 crore in losses on under Rs 20 crore revenue across three quarters. Heavy dark-kitchen and infrastructure spend underscores the cost of competing with Swiggy Bolt and Zepto Café in the nascent quick-food category.

— FiledSat, 20 Jun, 2026, 01:27 IST·First seen Sat, 20 Jun, 2026, 01:17 IST·Source Moneycontrol · Results

What happened

Eternal's 10-minute food delivery pilot Bistro posted ~Rs 150 crore losses against under Rs 20 crore revenue over three quarters, reflecting heavy dark-kitchen

Key facts

  • Rs 150 crore losses
  • under Rs 20 crore revenue
  • three quarters
  • 10-minute delivery

Why this matters

The scale of Bistro's losses against Swiggy Bolt and Zepto Café suggests the 10-minute food category will consolidate around the deepest balance sheets, opening optionality for kitchen infrastructure tuck-ins or category exits.