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

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

Posted

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!

Entertainment

Nimrat reveals CHALLENGE she faced while working with Akshay

Nimrat Kaur, who has shared screen space with Akshay Kumar in 'Sky Force' and 'Airlift', finds...

By 0 1

International

New directive: Israel makes Arabic, Islam studies compulsory for all intelligence officials; here's why

Following intelligence failures preceding the October 7th attacks, the Israeli military is...

By 0 16

Entertainment

Chris Evans-Alba Baptista expecting first child together?

Chris Evans and Alba Baptista are rumored to be expecting their first child, fueled by a cryptic...

By 0 17

Entertainment

'Thalaivan Thalaivii' mints Rs 4.15 cr

Pandiraj's 'Thalaivan Thalaivii,' starring Vijay Sethupathi and Nithya Menen, has garnered a...

By 0 17

National

Tribhuvan Park in Thankot being transformed into a more attractive destination

KATHMANDU: Chandragiri Municipality has given high priority to enhancing the appeal of Tribhuvan...

By 0 18