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Food delivery company Eternal (formerly Zomato) saw its net profit fall by 78% year-on-year (YoY) to Rs 39 crore in the March 2025 quarter. Revenue from operations increased 64% YoY to Rs 5,833 crore.Profitability was hit by higher expenses, which jumped as much as 68% YoY to Rs 6,104 crore.
The drop in profit was also attributed to higher investments in expanding the company’s quick commerce vertical, Blinkit, as well as increased infrastructure costs across segments.
Adjusted EBITDA during the fourth quarter declined 15% YoY to Rs 165 crore.
