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CFO AKSHANT GOYAL
Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
ETtech Explainer: What does Blinkit’s growth moderation mean for rivals?The platform recently reported its second straight quarter of positive adjusted Ebitda (earnings before interest, taxes, depreciation and a...
Deepinder Goyal to surrender Esops worth Rs 900-1,000 crore upon resigning as Eternal CEOLater during the company's quarterly analysts call, Eternal CFO Akshant Goyal said that the exercise will result in around 3.3 crore shares...
ETtech Explainer: Decoding Blinkit's 9X revenue surge amid slow margin growthEternal-owned Blinkit reported a 9x jump in its revenue in Q2 of FY26 to Rs 9,891 crore, up from Rs 1,156 crore in the same period last yea...
Blinkit beats Zomato in NOV terms: 10 key takeaways from Eternal Q1 resultsEternal's Q1 results highlight Blinkit's rapid rise, with its quick commerce NOV overtaking Zomato's for the first time. While food deliver...
Zomato pivots away from restaurant-led quick delivery, doubles down on Blinkit BistroZomato parent Eternal has ended its Quick 10-minute delivery pilot, shifting focus to Blinkit’s Bistro kitchens in major cities. Unable to ...
RBI boost for gold loan fintechs; Blinkit dents Zomato’s profitsHappy Friday! The RBI is formalising the gold loan market, opening doors for fintechs in the space. This and more in today’s ETtech Morning...
Over 60% of Hyperpure’s revenue now comes from non-restaurant businesses: ZomatoZomato's Hyperpure, initially for restaurant supplies, now sees 62% of its revenue from non-restaurant businesses, primarily Blinkit seller...
“Will grow Blinkit’s market share aggressively”: Eternal CFO Akshant GoyalDuring the January-March quarter Blinkit added 294 dark stores taking the total count of these micro-warehouses from where 10-minute delive...
Blinkit seeing growth in smaller cities: Zomato CFO Akshant GoyalZomato's quick commerce platform, Blinkit, is expanding into smaller cities while continuing its focus on large metropolitan areas. Quick c...
Will evaluate shareholders’ requests for dividends, but no decision yet: Zomato CFO Akshant GoyalOn August 3, Zomato reported a maiden consolidated net profit of Rs 2 crore for the quarter ended June 2023, as against a loss of Rs 186 cr...
CEO Deepinder Goyal, CFO Akshant Goyal overseeing functions of those who quit firm: ZomatoThe senior-level exits of late have included cofounders like Mohit Gupta and Gunjan Patidar, who was also its chief technology officer.
Zomato bullish on long-term prospects as it sees signs of demand revivalAccording to Zomato CFO Akshant Goyal, there has been an industry-wide slowdown in the food delivery business since late October (post-Diwa...
Zomato’s deputy CFO Nitin Savara quitsSavara joined Zomato in November last year from Ernst & Young, a multinational professional services firm, where he was a partner. During h...
Zomato says B2B vertical Hyperpure could be bigger than food delivery“Our core food delivery business is headed for profitability. We think Hyperpure may become as large as or larger than even food delivery.....
Zomato reports break-even at EBITDA level in food delivery business. Is path to profitability near?"On the profitability front, the food delivery business hit an important milestone last quarter by getting to Adjusted EBITDA break-even. C...
Zomato-Blinkit Deal: Fleet integration, customer cross-selling top prioritiesZomato’s board approved its acquisition of quick commerce startup Blinkit (formerly Grofers) for Rs 4,447 crore ($570 million) in an all-st...
Esops allocated to Zomato CEO Deepinder Goyal amounted to Rs 387 crore for second half of FY22CEO Deepinder Goyal, voluntarily waived off his salary for the year ended March 31, 2022 while company CFO Goyal had forgone his salary for...
Zomato says it will do earnings, analyst calls once a yearThe company had posted its first quarter results after its listing on Tuesday, which saw a widening of its net loss to Rs 360.7 crore for t...
Zomato names Akshant Goyal as new Chief Financial OfficerGoyal is the third company executive to hold the finance portfolio in the last two years.