Eternal Ltd Shares Surge Despite Profit Slump

Eternal Ltd (formerly Zomato) hit a record high after Q1 FY26 results showed a 90% YoY profit fall to ₹25 crore, but revenue jumped 70% to ₹7,167 crore. Blinkit outpaced food delivery in revenue. Despite mixed results, most brokerages remain bullish, citing strong growth in quick commerce and positive management commentary.