quick commerce
- Key number: Rs 125 crore
Eternal Q2 profit rises 92% to Rs 125 crore as Blinkit turns EBITDA positive
Eternal, parent of Zomato and Blinkit, posted higher profit and revenue, and raised its Blinkit store target to 3,500 by March 2027.
Swiggy revenue up 36.1% to 75.71 billion rupees, but Instamart loss widens to Rs 764 crore
Swiggy's sales came in above analyst estimates, while losses at its quick commerce arm Instamart grew.