India, Oct. 17 -- Eternal's Q2 Quandry
Eternal's Q2 results told a story of stark contrasts. Despite soaring revenues, the consumer services giant's profits nosedived due to rising expenses and Blinkit's inventory-led pivot, which cost the parent dearly.
Here are the key takeaways from Eternal's Q2 FY26 show:
Net profit plunged 63% YoY to INR 65 Cr
Operating revenue soared 183% YoY to INR 13,590 Cr
Total expenses zoomed 189% YoY to INR 13,813 Cr
Zomato revenue rose 24% YoY to INR 2,485 Cr, and profits jumped 49% YoY to INR 518 Cr.
Blinkit's revenue skyrocketed 8.5X YoY to INR 9,891 Cr while profits declined 90% YoY to INR 5 Cr
Hyperpure's revenue fell 31% YoY to INR 1,023 Cr, with a profit of INR 1 Cr compared to a loss of INR 4 C...
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