Eternal Shares Rise 1.75% Post Q4 Results Despite Profit Drop; Brokerages Stay Bullish

Eternal (formerly Zomato) shares rose 1.75%(at the time of posting) on May 2 after Q4 FY25 net profit fell 78% YoY to ₹39 crore. Revenue surged 64% to ₹5,833 crore. Despite service closures and profit drop, brokerages like Motilal Oswal, Elara, and Bajaj Broking maintained ‘Buy’ ratings, citing strong market leadership and Blinkit’s potential.