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Eternal Reports Mixed Q2 Results with 92% Profit Surge Amid Rising Quick Commerce Costs

Technology News

Eternal Reports Mixed Q2 Results with 92% Profit Surge Amid Rising Quick Commerce Costs

Eternal Q2 earnings: Net profit rises 92%, revenue at Rs 24,138 crore

Business Today

Eternal Q2 earnings: Net profit rises 92%, revenue at Rs 24,138 crore

Eternal Q2 earnings: Shares of Eternal Ltd slipped 5% intra day to Rs 305.35. Market cap of the firm stood at Rs 3 lakh crore.

Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimates

Economic Times

Eternal’s Q2 revenue jumps 78% on quick commerce growth; profit misses estimates

The growth was driven largely by rapid expansion of the Gurugram-based company’s quick commerce business, which reported a 79% YoY increase in net order value (NOV) to Rs 20,940 crore. During the...

Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focus

Economic Times

Eternal, Swiggy expected to report strong Q2 growth; quick commerce profitability in focus

Eternal’s adjusted revenue is expected to rise 72-73% year on year to around Rs 24,000 crore, while Swiggy’s is projected to grow 34-36% to around Rs 7,900-8,000 crore, according to brokerage...

Eternal’s Profit Trails Estimates on Higher Quick Delivery Costs

Bloomberg

Eternal’s Profit Trails Estimates on Higher Quick Delivery Costs

Eternal Ltd. quarterly profit missed analysts’ estimates after its rapid-delivery arm continued to spend to fend off rivals such as Amazon.com Inc. and Walmart Inc.

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