Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Eternal hits 2025 peak as shares jump 12% on robust Q1 growth
Eternal, Zomato's parent company, saw its "shares jump 12% to ₹299," hitting a "2025 peak," driven by "70% year-on-year revenue growth in Q1," primarily from Blinkit's robust performance. Quick commerce's Gross Order Value (GOV) soared 127% YoY, exceeding expectations. While the consolidated net profit dropped by 90% to ₹25 crore due to aggressive expansion, analysts anticipate margin improvement as Blinkit transitions to an inventory-led model and newly added dark stores mature.