Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
Eternal Q4 Results: Cons net profit spikes 346% YoY to Rs 174 crore; revenue soars 196%Eternal Q4 Results: Eternal, operator of Zomato and Blinkit, announced strong financial results for the fourth quarter. The company saw a s...
Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
Intense quick commerce competition ahead? UBS cuts Eternal, Swiggy’s target prices but sees attractive valuationsUBS reduced its FY27-29 quick commerce NOV estimates by 7-11% for Blinkit, and GOV estimates by 17-22% for Instamart.
Eternal shares to rally till Rs 415 after platform fee hike? What Elara saidEternal shares gained after Elara Securities projected upside to Rs 415, citing a platform fee hike as a key margin driver. The brokerage b...
Eternal, Swiggy shares fall 4%. Is LPG shortage beginning to hurt food delivery business?Shares of online food delivery giants Zomato and Swiggy tumbled sharply on Thursday as a commercial LPG shortage raised concerns over resta...
Blinkit’s GOV runs neck and neck with Zomato’s food delivery in Q4A year ago, Blinkit’s GOV was half of Zomato’s. Meanwhile, Zomato's parent, Eternal, has introduced a new metric for its B2C segments—food ...
Zomato Q3 Results: Cons PAT falls 57% YoY to Rs 59 crore, revenue surges 64%Zomato Q3 Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 cror...
Zomato leads food delivery with 58% market share in Q1, Blinkit tops quick commerce: Motilal OswalIn the quick commerce sector, Zomato-owned Blinkit commands a 46% market share, followed by Zepto at 29% and Swiggy Instamart at 25%, in Q1...
Zomato misses mark in Hyderabad, Chennai; shifts focus to business growthZomato focuses more on business growth than market share, despite lagging in Hyderabad and Chennai. The company reported a 389% increase in...
Zomato growing faster than Swiggy, says CLSA with target price of Rs 248Global brokerage firm CLSA has set a target price of Rs 248 per share for Zomato, acknowledging its lead over IPO-bound Swiggy. In its annu...
Driven by Gold subscriptions, Zomato’s food business keeps swellingThe food business’s GOV hit Rs 7,980 crore in the latest quarter, against Rs 6,631 crore a year ago, and up from Rs 7,318 crore in the prec...
Blinkit quarterly contribution margin turns positive first time everFor Blinkit, contribution counts as revenue minus costs like store operation expenses, delivery costs, wastage and packaging costs, among o...
Blinkit turns contribution positive in Q2; GOV rises 86% YoYThe quick commerce company bounced back with a 29% quarter-on-quarter gross order value (GOV), growth following tepid growth in Q1FY24, due...
Zomato Q2 Results: Profitability improves further to Rs 36 crore; revenue up 71% YoYZomato, which mentioned in the previous quarter that its adjusted revenue would compound at a 40%+ growth rate over the next couple of year...
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...
Blinkit acquisition to add significant addressable market for Zomato: CEO Deepinder GoyalBlinkit’s proprietary tech platform, the scale of business, and relationships with third-party brands and sellers are key to Zomato.