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The Economic Times
The Economic Times
Business
Veer Sharma

Eternal shares jump 2% after strong Q2 show, brokerages see up to 34% upside

Eternal Jefferies Blinkit Nomura Nuvama

Shares of Eternal, the parent company of Zomato and Blinkit, gained 2% to Rs 316 on the BSE on Thursday after it reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 crore in the second quarter of FY27 (Q2FY27), compared with Rs 65 crore in the corresponding quarter of the previous fiscal year.

The company's revenue from operations rose 77.6% YoY to Rs 24,138 crore in the quarter under review, from Rs 13,590 crore reported in Q2FY26

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