Eternal’s Q3 growth resurfaces, spotlighting India’s fast-expanding retail-tech opportunity
Resurfacing Eternal's Q3 FY26 report, revenue reached ₹16,315 crore, up 201.9% year on year, as quick commerce reached breakeven and more than 200 net stores were added. The figures were released as India’s retail market is projected to reach ₹210-215 trillion by 2035.
India’s retail market could reach Rs 210-215 trillion by 2035. Eternal reported strong Q3 FY26 growth, with quick commerce reaching breakeven and over 200 net stores added, while Nykaa, Delhivery and IndiaMART represent other retail-tech ecosystem segments.
Why this matters
Eternal’s results extend recent signals on its Q3 FY26 revenue tripling, quick-commerce breakeven and retail-tech gains alongside Nykaa and Delhivery.
Retail-company signals are accelerating, up 164667% quarter on quarter.