Tech
Profit Slumps 78% YoY To INR 39 Cr
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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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