New Delhi, Oct. 18 -- Eternal, led by Deepinder Goyal, experienced a dramatic market reaction following its Q2 FY26 earnings. Shares dropped 4.2% to Rs 333.75, wiping out a notional Rs 555 crore from Goyal's stake. The company, which operates Zomato, Blinkit, and the Going Out business, reported a mixed quarter, signalling strong revenue growth but short-term profit pressure.

Goyal holds a 3.83% stake, totalling 36.94 crore shares, whose value fell from Rs 12,887.16 crore to Rs 12,331.11 crore in minutes after the earnings announcement.

Eternal's revenue from operations rose 183% YoY to Rs 13,590 crore, driven by expansion across quick commerce and food delivery. The company added 272 net new Blinkit stores, taking its network to 1,816,...