Shares of (formerly Zomato) touched an all-time high of Rs 368.40 earlier in the day but later dropped 8.18 per cent to a low of Rs 338.25 following a sharp decline in the company's July-September quarter (Q2 FY26) profit.
Eternal's consolidated net profit fell 63.07 per cent year-on-year (YoY) to Rs 65 crore, down from Rs 176 crore in the same period last year. The Deepinder Goyal-led firm's expenses soared 188.79 per cent to Rs 13,813 during the quarter under review as against Rs 4,783 crore in Q2 FY25. Advertisement
However, revenue from operations surged 183.18 per cent to Rs 13,590 crore in Q2 FY26, up from Rs 4,799 crore a year ago.
Goyal noted, "Food delivery NOV grew 14 per cent YoY, slightly up from 13 per cent YoY in the previous quarter. The growth rate appears to have bot