Business · Companies · 13 hrs ago

Eternal’s second-quarter profit rises 92% to ₹125 crore

Eternal’s second-quarter profit rises 92% to ₹125 crore

Eternal’s net profit rose 92% year on year to ₹125 crore in the quarter ending in September.

Eternal is the parent company of food delivery service Zomato and quick-commerce service Blinkit.

Its profit was ₹65 crore in the same quarter a year earlier and ₹92 crore in the previous quarter.

Operating revenue increased 78% year on year to ₹24,138 crore.

Including other income, total income was ₹24,489 crore, while expenses rose 75% to ₹24,166 crore.

The figures show higher profit alongside rising costs as Eternal’s revenue grew.

The company has not provided further details on what happens next.

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