Eternal Q1 results: Net profit slumps 90% to Rs 25 crore; revenue...

Dununu.com Dununu

Sponsor

Eternal Q1 results: Net profit slumps 90% to Rs 25 crore; revenue jumps 70% on Blinkit, food delivery surge

RSS Feed Business

Posted

50

Eternal, parent of Zomato and Blinkit, sees net profit decline by 90% in Q1FY26. Revenue increases 70% to Rs 7,167 crore. The drop in profit is due to investments in quick commerce. Total expenses rise 15% YoY. Quick commerce NOV exceeds food delivery NOV. Hyperpure revenue rises 89% YoY. The company anticipates a temporary de-growth in B2B segment.

Read Full Article

Please log in to like, share and comment!

IND vs ENG Test: Shubman Gill loses another toss, India's wait gets longer

India's coin toss woes continued as Shubman Gill lost his fourth consecutive toss, marking 14...

By 0 8

Dhankhar's successor: EC begins preparations to hold vice presidential poll

By 0 14

‘Hurts Islamic sentiments’: BJP slams Dimple Yadav’s attire at mosque; Akhilesh fires back

By 0 14

Operation Sindoor talk in Parliament: Rajya Sabha to hold discussion on Pahalgam attack on Tuesday; 16-hour session planned

By 0 14

IND vs ENG Test: Kamboj debuts as India make three changes; England win toss yet again

England won the toss for the fourth time in the Anderson-Tendulkar Trophy and chose to field...

By 0 18