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Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letter
Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food delivery remains the group's profit engine. Management also addressed mounting quick commerce competition, outlined Blinkit's return framework and detailed continued investments in AI, Bistro and other emerging businesses despite widening losses in newer ventures.
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economictimes.indiatimes.com
Eternal Q1 Results Preview: All eyes on Blinkit to drive earnings. Here's what investors can expect
Eternal is expected to deliver a steady June-quarter, led by strong Blinkit growth through store expansion and higher order values. Investors will monitor quick commerce…
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Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscape - The Economic Times
Eternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter was largely driven by seasonal factors.…
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Will Blinkit growth sustain amid competition? 5 things to know from Eternal's shareholder letter
Eternal's Q1 shareholder letter highlights Blinkit's rapid expansion, improving profitability and rising capital investments, while food delivery remains the group's profit…
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yourstory.com
Eternal reports Rs 92 Cr net profit for first quarter of FY27
Eternal's consolidated net profit rose nearly four-fold to Rs 92 crore in the first quarter of FY27, while revenue almost tripled to Rs 20,211 crore, driven by strong growth in…
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Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitability - The Economic Times
The sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed its accounting method. The expansion in…
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thehindubusinessline.com
Eternal’s consolidated net profit soars to ₹92 crore, NOV jumps by 56 per cent
Eternal Ltd reports a net profit of ₹92 crore, driven by 56% revenue growth in its quick commerce business.