Zomato Parent’s Profit Falls 90%

  Published 10 months ago

Eternal’s Q1FY26 profit drops 90% YoY to ₹25 crore due to Blinkit losses, despite 70% revenue growth to ₹7,167 crore.

  • Blinkit’s high investments led to a 1.2% negative EBITDA margin, adding 243 new stores and strong 127% NOV growth.
  • Food delivery margins declined to 4.5%, yet revenue rose 16% YoY, supported by steady consumer demand.
  • Stock surged 7% as investors bet on future profitability; cash reserves of ₹18,857 crore fuel growth plans.

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