Eternal Q1 results: Net profit slumps 90% to Rs 25 crore; revenue jumps 70% on Blinkit, food delivery surge
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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. What's Your Reaction?
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