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BLINKIT OPERATING PROFIT
Bistro sees limited impact from Swiggy's Toing, Rapido's Ownly: Deepinder GoyalOn the impact of the competition from Toing and Ownly, Deepinder Goyal said, “The impact has been limited. These platforms are offering the...
Zomato's Deepinder Goyal shrugs off Rapido, Swiggy's budget food betsEternal's CEO Deepinder Goyal downplayed competition from Rapido and Swiggy's budget food delivery services. He stated these low-cost offer...
Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letterEternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food de...
Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscapeEternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter...
Eternal Q1 Results: Cons PAT skyrockets 268% YoY to Rs 92 crore; revenue zooms 182%Eternal Q1 Results: Food delivery giant Eternal reported a 268% year-on-year jump in consolidated net profit to Rs 92 crore for Q1 FY27, wh...
Q1 Results today: Eternal, Nestle, IndusInd Bank among 63 companies announcing June earnings. What to expect?A packed earnings day awaits Dalal Street, with Eternal, Nestlé India, IndusInd Bank and over 250 companies set to report June quarter resu...
Eternal Q1 Results Preview: All eyes on Blinkit to drive earnings. Here's what investors can expectEternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investo...
Quick commerce firms deepen battle for orders in the same pin codes: ReportQuick-commerce operators are densely expanding dark stores within existing neighborhoods. Blinkit, Flipkart Minutes, and Amazon Now signifi...
Upmarket invasion: How India's quick commerce giants are crowding out specialist gourmet playersIndian quick-commerce platforms are now targeting affluent households with premium products. This strategic shift aims to improve profitabi...
BigBasket trims footprint as new CEO takes on profitability mandateBigBasket's new chief executive Amit Nanda, a former Amazon India executive, has been tasked with making the business profitable amid inten...
BigBasket’s profitability plan; UnifyApps eyes $100 million fundingHappy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETec...
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layerThrough its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally com...
Swiggy, Eternal shares jump up to 20% in one month. Should you buy or avoid?Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confide...
ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
Put both eggs in one basket: Why merging Amazon and Tata's quick commerce business is a now or never ideaA combination could help both survive hypercompetition among more than half a dozen rivals, improve relevance, reach and range. The synergi...
Swiggy becomes majority Indian-owned as foreign shareholding drops below 50%The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classi...
10 Nifty stocks Motilal Oswal recommends buying ahead of Q1 results. What can shareholders expect?As the Q1FY27 earnings season begins with TCS's results on Thursday, Motilal Oswal expects Nifty earnings to grow 10%, the fastest pace in ...
Amazon’s rapid delivery push triggers $15 billion rout for Eternal, SwiggyEternal and Swiggy have pioneered India’s 10-minute delivery space, but rising competition is intensifying pressure. Blinkit and Instamart ...
Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...
Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the lineIndia’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swig...