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Zomato's parent Eternal Q4 net profit falls 78% to ₹39 cr, revenue up 64%

Business Standard LogoBusiness Standard15h ago

Zomato's parent Eternal Q4 net profit falls 78% to ₹39 cr, revenue up 64% - Business Standard

Quick Summary:

The company's revenue from operations rose 63.

It had reported revenue of ₹5,405 crore in the previous quarter.

On adjusted EBITDA losses increasing quarter-on-quarter from ₹103 crore to ₹178 crore, Albinder Dhindsa, founder and CEO of Blinkit, said: “As mentioned in our last shareholders’ letter, the increase in losses was expected and in line with our plan to pull forward expansion of our store network.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-01 @ 19:39:50 (15 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 887 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28310245

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 260 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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