fintech / news / / The Hindu Business Line
Eternal shares jumped as much as 5 per cent in early trade on the NSE on Wednesday following its March quarter results.
Eternal's consolidated net profit surged to ₹174 crore in March quarter from ₹39 crore last year.
KEY POINTS
- Consolidated revenue rose 196 per cent y-o-y to ₹17,292 crore, reflecting strong segment traction.
- Management projects quick commerce net order value to grow at over 60% CAGR y-o-y to FY29.
- Adjusted EBITDA margins for Blinkit turned positive, with over 95 per cent y-o-y order growth.
- Macquarie warns of elevated competitive pressures potentially impacting unit economics and dark store expansion.
COMPANIES
Summarized by Newsio from The Hindu Business Line. How we summarize →