Eternal maintains $1 bn EBITDA target by FY29.

Eternal Limited

maintains its $1 billion EBITDA guidance for quick commerce by FY29. The company views its AI unit ***** as a zero-one bet and may invest in GPU hardware. The firm sticks to the $1 billion EBITDA target for quick commerce by FY29. ***** is seen as a zero-one bet with potential GPU hardware investment. The guidance and AI plans outline the growth path for the company. Key numbers are the $1 billion EBITDA guidance by FY29 and the ***** initiative. This may support near-term interest in the stock on long-term targets. Peers such as Zomato, Swiggy and Delhivery could face relative comparison on quick commerce and tech bets. Risks include slower path to the target or higher investment costs. Competitors listed: Zomato, Swiggy, Delhivery. We have no financial interest in this news.