New Delhi, July 22 (IANS) Eternal Limited, the parent of Zomato, on Thursday reported a sharp 47.1 per cent decline in its net profit at Rs 92 crore (quarter-on-quarter) in the April-June period (Q1 FY27) from Rs 174 crore reported in Q4 FY26.However, the online food company registered a strong 268 per cent (year-on-year) growth in consolidated net profit year-on-year in Q1. Consolidated adjusted revenue grew 173 per cent YoY to Rs 20,648 crore while adjusted EBITDA increased 223 per cent YoY to…
Latest Eternal Limited News & Updates
Mumbai, Jan 21 (IANS) Zomato’s parent firm Eternal Limited on Wednesday announced a major leadership change, with its CEO Deepinder Goyal resigning from his position with effect from February 1, 2026.The company said Albinder Dhindsa, who is currently the CEO of Blinkit, will take over as the new chief executive.In a letter addressed to the shareholders, Goyal said he has recently been drawn towards new ideas that involve higher levels of risk, experimentation and exploration.He explained that…
New Delhi, Dec 31 (IANS) Food delivery platforms Swiggy and Zomato have rolled out higher incentives for its delivery workers during peak hours and year‑end days amid a nationwide strike call by gig and platform workers.The incentive push follows calls by delivery worker unions for strikes on December 25 and December 31 to protest pay, working conditions and lack of social security.Zomato has offered delivery partners payouts of Rs 120–150 per order during peak hours between 6 pm and 12 am a…