Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%

Eternal, the parent company of Zomato and Blinkit, reported a significant increase in its second-quarter earnings. The company's net profit soared 92.3% year-over-year to Rs 125 crore, a substantial improvement from the Rs 65 crore in the same quarter last year. This rise in profit is a positive sign for the company and its investors, indicating a strong financial performance. The increase in revenue by 78% also suggests a growing business, which could have a positive impact on the company's stock value and overall market performance.

Why it matters

Eternal's profit and revenue have increased significantly, indicating a strong performance. This could lead to increased investor confidence and a positive impact on the company's stock price.

Market impact

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.