Prøve GULL - Gratis
Q-comm push hurts Eternal profit
Financial Express Bengaluru
|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.
Denne historien er fra October 17, 2025-utgaven av Financial Express Bengaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
‘Track record matters more than sponsorship’
NIMESH SHAH, MD & CEO, ICICI PRUDENTIAL AMC
2 mins
December 15, 2025
Financial Express Bengaluru
Startups ride growing demand for Narrow AI
DEMAND FOR NARROW
1 mins
December 15, 2025
Financial Express Bengaluru
FMCG growth slips in November, but rural gallops
“Inflation has begun to stabilise in the second half of the ongoing fiscal.
1 mins
December 15, 2025
Financial Express Bengaluru
Bihar Minister Nitin Nabin is BJP's new working prez
AFTER MONTHS OF waiting, the BJP Parliamentary Board on Sunday appointed Bihar Cabinet Minister and five-term Nitin Nabin as the party’s national working president.
2 mins
December 15, 2025
Financial Express Bengaluru
Ukraine prez drops plans to join NATO
UKRAINE HAS RELINQUISHED its ambition of joining the NATO military alliance in exchange for Western security guarantees as a compromise to end the war with Russia, President Volodymyr Zelenskyy said ahead of talks with US envoys in Berlin.
1 mins
December 15, 2025
Financial Express Bengaluru
FMCG growth slips in Nov, but rural gallops
INDIA'S FAST-MOVING CONSUMER goods (FMCG) market has slipped in November due to price cuts triggered by the GST rate changes.
1 min
December 15, 2025
Financial Express Bengaluru
Medra to expedite drug discovery with AI robots
MEDRA, WHICH PROGRAMS robots with AI to conduct and improve biological experiments, has raised $52 million to build what it says will be one of the largest autonomouslabsin the US.
2 mins
December 15, 2025
Financial Express Bengaluru
'Pvt investment in biopharma needs govt risk-sharing'
India’s bioeconomy has expanded more than sixteen-fold over the past decade, rising from $10 billion to more than $165 billion in 2024, and is projected to exceed $300 billion by 2030.
3 mins
December 15, 2025
Financial Express Bengaluru
Alphabet poised for paper gain
ALPHABET IS SET to book another sizable paper gain after SpaceX completes a tender offer that effectively values the closely held company at about $800 billion.
1 min
December 15, 2025
Financial Express Bengaluru
Budget may unveil next round of PSB reforms
FDI hike, phased dilution of govt’s stake to 51% on the table
1 min
December 15, 2025
Listen
Translate
Change font size