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Deepinder Goyal-led Eternal’s consolidated profit after tax (PAT) plunged 77.8% to INR 39 Cr in Q4 FY25 from INR 175 Cr in the year-ago period, as quick commerce vertical Blinkit continued to see a rise in its loss amid high competition.
Sequentially, the company’s bottom line shrank 33.9% from INR 59 Cr in the previous quarter.
The company’s profit went down despite a jump in its top line. During the quarter under review, the Zomato
parent’s operating revenue zoomed 64% to INR…
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Deepinder Goyal-led Eternal’s consolidated profit after tax (PAT) plunged 77.8% to INR 39 Cr in Q4 FY25 from INR 175 Cr in the year-ago period, as quick commerce vertical Blinkit continued to see a rise in its loss amid high competition.
Sequentially, the company’s bottom line shrank 33.9% from INR 59 Cr in the previous quarter.
The company’s profit went down despite a jump in its top line. During the quarter under review, the Zomato parent’s operating revenue zoomed 64% to INR…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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