Essayer OR - Gratuit
Q-comm push hurts Eternal profit
Financial Express Kochi
|October 17, 2025
SLOW RECOVERY
ETERNAL REPORTED A 63% year-on-year (yo-y) decline in its consolidated profit for the second quarter of FY26, primarily driven by a surge in expenses as the company ramped up investments in its fast-growing quick-commerce business.
Profit fell to %65 crore from %176 crore in the year-ago period. However, profitability improved 30% sequentially from %172 crore in the first quarter of FY26.
The company’s revenue from operations grew 2.8 times to =13,590 crore in the second quarter compared with %4,799 crore in the same quarter last year. Management cautioned that this sharp increase primarily reflects a business model shift in quick commerce (Blinkit) to inventory ownership from pure marketplace.
Cette histoire est tirée de l'édition October 17, 2025 de Financial Express Kochi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Kochi
Financial Express Kochi
Apple tops 2025 smartphone mkt
GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.
1 min
January 13, 2026
Financial Express Kochi
New US envoy raises hope of deal, says talks resume today
HOPES OF A trade deal between India and the US revived on Monday with the new US Ambassador to India Sergio Gor saying the two countries will discuss trade issues in their next call scheduled for Tuesday.
1 min
January 13, 2026
Financial Express Kochi
Powell vows to stand firm amid DOJ criminal probe
TRUMP DENIES HAVING ANY KNOWLEDGE OF THE INVESTIGATION
1 min
January 13, 2026
Financial Express Kochi
Inequality top concern for youth: Survey
*“Cyberfraud big worry for CEOs’
1 min
January 13, 2026
Financial Express Kochi
Forex swap to cruise on arbitrage, corp demand, say bankers
THE ARBITRAGE OPPORTUNITIES between onshore and offshore markets alongside an expected pickup in corporate participation are likely to help the Reserve Bank of India's (RBI's) $10-billions foreignexchange swap sail through smoothly, bankers said.
1 min
January 13, 2026
Financial Express Kochi
Deutsche’s India business gets Kotak, Federal bids
THE BANK, WHICH currently operates branches in 16 cities in India, has been narrowing its focus in recent years on corporate banking and investment banking services for multinational and large domestic clients.
1 min
January 13, 2026
Financial Express Kochi
Labour Code impact drags TCS, HCLTech profits in Q3
Revenue growth remains steady
1 min
January 13, 2026
Financial Express Kochi
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Kochi
Lemon Tree: Restructuring gains
EYES CAGR OF 11% IN REVENUE, 13% IN EBITDA, 26% IN PAT OVER FY25-28
2 mins
January 13, 2026
Financial Express Kochi
Capex budget may increase to ₹12.5L cr
AKEYAREA where much of the incremental outlay may be directed is the Centre’s grant-like scheme for special assistance to states for capital investment (SASCI).
1 mins
January 13, 2026
Listen
Translate
Change font size