Archive · 22 Jan 2026
Deepinder Goyal Steps Down as Eternal CEO
Deepinder Goyal, who started Eternal, is stepping down as CEO.
He wants to work on new, risky ideas that he thinks are better done outside the company.
Albinder Dhindsa, who runs Blinkit, will be the new CEO.
Eternal is doing well, with more profit and revenue than last year.
Goyal will stay as Vice Chairman and keep helping with big plans and making sure the company is run well.
He believes this change will help the company stay focused and grow.
Blinkit, a part of Eternal, is now making a small profit, and Zomato, another part, is doing better too.
Goyal also talked about how he once asked Dhindsa to leave but is now happy with his leadership.
Deepinder Goyal steps down as CEO of Eternal to pursue high-risk ideas outside the company.
Albinder Dhindsa, current CEO of Blinkit, will take over as Eternal's new Group CEO.
Goyal will remain as Vice Chairman and continue to be involved in long-term strategy and governance.
Eternal reported a 73% YoY increase in profit and a 201.85% YoY increase in revenue for Q3FY26.
Blinkit achieved adjusted EBITDA breakeven for the first time, with a profit of Rs 4 crore.
- Who
- Deepinder Goyal, founder of Eternal, and Albinder Dhindsa, new CEO
- What
- Deepinder Goyal steps down as CEO of Eternal
- When
- Effective February 1
- Where
- Eternal, based in Bengaluru, India
- Why
- To pursue high-risk ideas outside the company
Deepinder Goyal
Albinder Dhindsa
Leadership Style
Deepinder Goyal
Goyal believes in a decentralized structure where each business has a CEO with full ownership.
Albinder Dhindsa
Dhindsa has demonstrated strong execution skills and has led Blinkit to breakeven.
- Current Role
- Vice Chairman
- New CEO
- Albinder Dhindsa
- Effective Date
- February 1
- Q3FY26 Profit
- Rs 102 crore
- Q3FY26 Revenue
- Rs 16,315 crore
- Profit Increase
- 73% YoY
- Revenue Increase
- 201.85% YoY
- Blinkit EBITDA
- Rs 4 crore profit
- Zomato EBITDA Margin
- 5.4%
- Cash Balance
- Rs 17,820 crore
Sources
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