Eternal (Zomato) stock rises 2%, top Nifty gainer after brokerages back growth outlook despite Q1 profit miss Shares of Eternal Ltd, the parent company of Zomato, surged 2% in early trading on Thursday, reaching Rs 290.10, making it the top performer on the Nifty 50 index. The rally occurred despite a broader market decline, with the Sensex falling 0.47% and the Nifty dropping 0.43%. Investors welcomed bullish commentary from brokerages, which focused on the company’s strong execution in its food delivery and quick commerce segments, as well as improving profitability at Blinkit, its hyperlocal delivery arm. Eternal reported a consolidated net profit of Rs 92 crore for the first quarter of FY27, significantly below the CNBC-TV18 poll estimate of Rs 335 crore. This marked a 47% sequential decline from Rs 174 crore in the previous quarter but represented a more than threefold increase from Rs 25 crore in the same period a year earlier. Despite the profit miss, revenue growth remained robust, with consolidated revenue hitting Rs 20,211 crore—exceeding the estimated Rs 19,850 crore. This represented a 17% sequential rise from Rs 17,292 crore and a more than doubling of revenue compared to Rs 7,167 crore in the corresponding quarter of FY26. Brokerages emphasized that the company’s performance in key business lines outweighed the profit shortfall. They highlighted a 22% quarter-on-quarter increase in EBITDA to Rs 594 crore, with the EBITDA margin improving marginally to 2.9% from 2.8%. Analysts noted that Blinkit’s profitability was a key factor in the positive outlook, citing accelerating growth and disciplined execution. Additionally, management expressed confidence that competitive intensity in the quick commerce sector remains manageable, with expectations of further margin improvements for Blinkit in the medium term.#sensex #nifty_50 #zomato #blinkit #eternal_ltd
Eternal Limited Reports 47.1% Net Profit Decline Despite Major Year-on-Year Growth, ETRetail Eternal Limited, the parent company of Zomato, reported a significant 47.1% drop in its net profit for the April-June quarter (Q1 FY27), reaching Rs 92 crore compared to Rs 174 crore in the previous quarter (Q4 FY26). However, the company highlighted a strong 268% year-on-year (YoY) growth in consolidated net profit for the same period. Consolidated adjusted revenue surged 173% YoY to Rs 20,648 crore, while adjusted EBITDA increased 223% YoY to Rs 555 crore. The Quick Commerce segment saw a 86% YoY rise in net order value (NOV), reaching Rs 17,132 crore. This segment contributed Rs 102 crore in adjusted EBITDA profit, marking a fifth consecutive quarter of margin improvement. Deepinder Goyal, founder of Eternal, emphasized that growth and margins should compound together, as expanding the platform’s utility drives user frequency and operational efficiency. Blinkit, a subsidiary of Eternal, added 200 new stores, bringing its total network to 2,443. The company continued investments in expanding product assortments, geographic reach, and demand densification. Food delivery NOV surpassed Rs 10,769 crore, growing over 20% YoY, with adjusted EBITDA margins improving to 5.6%, resulting in a profit of Rs 606 crore. Hyperpure, another subsidiary, reported a 27% YoY revenue increase to Rs 1,034 crore, achieving positive adjusted EBITDA and generating Rs 6 crore in profit, compared to a loss in the same quarter last year. Albinder Singh Dhindsa, Group CEO of Eternal, reiterated the company’s focus on three pillars of long-term growth: assortment expansion, geographical expansion, and demand densification.#zomato #blinkit #deepinder_goyal #eternal_limited #hyperpure
Eternal Q1 Results: Net Profit Surges 268% YoY to ₹92 Crore, Revenue Climbs 182% Eternal, the parent company of Zomato, reported a significant surge in its financial performance for the first quarter of the fiscal year 2026-27. According to an exchange filing dated July 22, 2026, the company’s consolidated net profit after tax rose by 268% year-on-year (YoY) to ₹92 crore, compared to ₹25 crore in the same period the previous year. Sequentially, the profit declined by 47.13%, reflecting the impact of seasonal factors and operational challenges. The company’s revenue from operations for the quarter reached ₹20,211 crore, a 182% increase from ₹7,167 crore in the corresponding quarter of the prior fiscal year. Sequentially, revenue grew by 16.88%, driven by strong performance across key segments. The EBITDA (earnings before interest, tax, depreciation, and amortization) surged 416.52% to ₹594 crore, up from ₹115 crore a year earlier. The EBITDA margin improved to 2.94% from 1.69% in the same period, indicating better cost management and operational efficiency. Segment-wise, Eternal’s revenue distribution highlighted the growth of its core businesses. The India food ordering and delivery segment generated ₹3,100 crore, up from ₹2,737 crore in the previous quarter. Hyperpure supplies (B2B business) contributed ₹1,034 crore, while the quick commerce segment, Blinkit, accounted for the largest share at ₹15,664 crore. The Going Out segment (District) reported ₹318 crore, and residual segments totaled ₹95 crore. The company’s net order value (NOV), a key metric for growth, grew 54% YoY to ₹31,120 crore. Zomato’s NOV increased by over 20% to ₹10,769 crore, while Blinkit’s NOV surged 86% to ₹17,132 crore. The Going Out segment’s NOV rose 60% YoY to ₹3,218 crore, underscoring the expansion of its platform.#eternal #zomato #blinkit #deepinder_goyal #akshant_goyal
रेमंड ग्रुप के सीएमडी गौतम सिंघानिया मालदीव में बोट हादसे में घायल हो गए हैं, जिनका इलाज मुंबई में चल रहा है। इस हादसे में उनकी हालत गंभीर बताई जा रही है, लेकिन अभी तक कोई गंभीर चोट के बारे में जानकारी नहीं दी गई है। जोमैटो के प्लेटफॉर्म फीस में 2.40 रुपये की बढ़ोतरी के कारण ग्राहकों के लिए खाना मंगाना महंगा हो गया है। इस बढ़ोतरी के कारण उपभोक्ताओं को अपने खाने के लिए अतिरिक्त खर्च करना पड़ रहा है। इस बढ़ोतरी के बारे में जोमैटो के अधिकारियों ने जानकारी दी है कि यह विस्तारित व्यवसाय के लिए आवश्यक है। फ्लिपकार्ट के ग्रुप सीएफओ श्रीराम वेंकटरामन ने इटरनल के इश्तिहार के बाद अपना इस्तीफा दे दिया है। इटरनल के इश्तिहार के बाद फ्लिपकार्ट के शेयरों में तेजी देखी गई है। इस इस्तीफे के बाद फ्लिपकार्ट के शेयरों में तेजी देखी गई है, जो इस बदलाव के प्रति बाजार के अनुमान को दर्शाता है। एक क्रिप्टो में ₹1 लाख के निवेश से 1.49 करोड़ रुपये की कमाई हुई है। इस क्रिप्टो की कीमत आरंभ में 19 पैसे थी, लेकिन अब यह तेजी से बढ़ गई है। इस तेजी के कारण निवेशकों को बड़ा लाभ हुआ है, जिसके कारण इस क्रिप्टो के बारे में चर्चा बढ़ गई है। रुपया डॉलर के मुकाबले पहली बार 93 पार पहुंच गया है। इस बढ़ोतरी के कारण बाजार में तनाव बढ़ गया है। रिजर्व बैंक ऑफ इंडिया ने बाजार में झोंके के लिए $100 अरब की घोषणा की है। इस घोषणा के बाद बाजार में तेजी देखी गई है। अमेरिका चीन और चिली के बीच अपने खजाने के लिए भाग रहा है। इस खजाने के लिए अमेरिका के भाग लेने के बारे में भारत की तैयारी भी देखी जा रही है। इस बारे में अमेरिका और भारत के बीच चर्चा जारी है।#zomato #remand_group #gautam_singhania #maldives #shriram_venkataraman
Deepika Padukone Attends Rishab Rikhiram Sharma's Mumbai Concert Deepika Padukone made an appearance at a concert by sitarist Rishab Rikhiram Sharma in Mumbai, where she was spotted in a red and golden outfit. Her look was kept minimal, with her hair styled in a bun and complemented by elegant jewelry. The event marked part of Sharma's India tour, which aims to promote mental health awareness through music. Rishab Rikhiram Sharma's tour, titled "Sitar for Mental Health by Rishab Rikhiram Sharma," includes performances across major cities. Following the Mumbai show on March 20, the sitarist will perform in Pune on March 22, Hyderabad on March 27, Jaipur on March 29, Chennai on April 3, Ahmedabad on April 5, Chandigarh on April 10, Kolkata on April 12, and Delhi on April 19. Tickets for the tour are available through the District platform on Zomato. On her work front, Deepika Padukone recently concluded her role in Rohit Shetty's film Singham Again, where she co-starred with Ajay Devgn, Akshay Kumar, Kareena Kapoor Khan, Tiger Shroff, and Ranveer Singh. She is set to appear in Shah Rukh Khan's upcoming film King, scheduled for release on December 24, 2026, a day before Christmas. The film also features Jaideep Ahlawat, Rani Mukerji, Suhana Khan, and Anil Kapoor in key roles. The article also mentions unrelated headlines, which are likely part of the website's content mix, but these are excluded from the rewritten article as per the user's instructions.#mumbai #zomato #deepika_padukone #rishab_rikhiram_sharma #sitar_for_mental_health
Stock Market Crash: Global Concerns Trigger Sharp Decline in Indian Indices The Indian stock market experienced a significant crash on Thursday, driven by global market volatility and concerns over oil prices and the LPG crisis. The Sensex and Nifty indices opened sharply lower, reflecting investor anxiety amid deteriorating international conditions. Key Developments: Sensex and Nifty Plunge: The 30-share Sensex fell by over 1,300 points, while the Nifty 50 index dropped below 23,700, marking its lowest level in weeks. Global Market Signals: Weakness in U.S. and Asian markets amplified fears, with the Nifty Gainers Index losing over 180 points. Sector-Wide Sell-Off: Over 1,597 stocks fell at the opening, with major losers including Zomato (Eternal), IndiGo, ICICI Bank, and Maruti. Top Losers: Zomato's shares dropped 4.3%, IndiGo fell 2%, and ICICI Bank declined 1.9%. Other mid-cap stocks like Bharat Forge and Ashok Leyland also saw steep declines. Causes of the Crash: The crash was fueled by: Global Market Downturn: Weakness in U.S. and Asian markets, including a sharp fall in the Nasdaq, created a ripple effect. Oil and LPG Crisis: Rising oil prices and supply chain disruptions in the LPG sector heightened fears of inflationary pressures. Investor Sentiment: Concerns over economic slowdown and geopolitical tensions led to a flight to safety, with investors selling equities. Expert Advice: Market analysts caution that the crash reflects short-term volatility, and investors are advised to consult financial experts before making any decisions. Related News: A warning from Robert Kiyosaki about investing in silver amid economic uncertainty. Analysis of the 1,300-point drop in the Sensex and its implications for the market.#sensex #nifty_50 #indian_stock_market #indigo #zomato
8th Pay Commission and LPG Shortage Impact on Restaurants The Indian government is facing questions about whether it will establish a separate pay revision committee for approximately 8 lakh Central Public Sector Enterprises (CPSE) employees. Minister of State Pankaj Chaudhary addressed these concerns, stating that the government is reviewing the matter but has not yet made a final decision. The 8th Pay Commission, which has been a topic of discussion for years, remains a critical issue for public sector workers, with calls for timely resolution to address salary disparities and inflationary pressures. Meanwhile, the ongoing LPG shortage in India has led to a significant decline in orders for food delivery platforms Zomato and Swiggy. Thousands of restaurants across the country have temporarily halted operations due to the shortage of liquefied petroleum gas, which is essential for cooking. This disruption has affected both restaurant owners and delivery services, with many customers reporting delays or unavailability of their favorite dishes. The situation has raised concerns about the impact on the hospitality sector, particularly during peak hours and festive seasons. The LPG shortage has also spilled over into other areas, including hotels and street vendors, who rely on the fuel for daily operations. Industry experts have called for urgent government intervention to stabilize the supply chain and prevent further economic losses. Meanwhile, the Ministry of Petroleum and Natural Gas has been urged to expedite the release of LPG quotas to ensure uninterrupted supply. The dual challenges of the pay commission and the LPG crisis highlight the interconnected nature of economic and social issues in India.#pankaj_chaudhary #swiggy #8th_pay_commission #zomato #lpg_shortage
