New GST rates on delivery charges impacted Zomato's growth: CFO
Eternal's food delivery business, Zomato, saw its growth impacted during Q2 FY26 after the company passed on the new 18% GST on delivery charges to customers, CFO Akshant Goyal said. He clarified that new GST applies only to Zomato, not to Blinkit. Eternal reported 63% YoY decline in profit after tax from ₹176 crore in Q2 FY25 to ₹65 crore.