Eternal (formerly Zomato) has delivered a remarkable Q4 performance, with net profit surging 346% year-on-year to ₹174 crore.
This massive jump highlights the company’s strong operational efficiency and growing dominance in the food delivery and quick commerce space.
The company’s revenue also witnessed exceptional growth, rising 196% to ₹17,292 crore, nearly tripling compared to the previous year.
This growth was driven by strong performance across its core segments, including food delivery and quick commerce platform Blinkit.
Explanation
Eternal (formerly Zomato) reported a sharp 346% rise in Q4 net profit and nearly threefold growth in revenue, driven by strong business performance.
Impact
This strong financial performance boosts investor confidence and reinforces the company’s leadership in food delivery and quick commerce.
Conclusion
Eternal’s impressive growth signals a positive outlook for the company, positioning it as a major player in India’s rapidly expanding digital commerce ecosystem.