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Eternal (formerly Zomato) faces profit drop despite expected 60% revenue surge in Q4 FY25.
Eternal, formerly Zomato, is set to release its Q4 FY25 results today, with analysts predicting a 60% year-over-year increase in revenue, driven by growth in food delivery and quick commerce services like Blinkit.
However, the company's profitability is expected to drop significantly, with a predicted 83% decline in profits due to losses at Blinkit.
Despite the profit dip, brokers like Goldman Sachs remain optimistic, maintaining a 'Buy' rating on Eternal's stock.
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