Zomato profit tanks 78%; shuts 15-min food delivery biz

Eternal Ltd, previously listed as Zomato, reported a net profit of Rs 39 crore for January-March 2025 (Q4FY25), falling nearly 78% from the corresponding quarter of last financial year due to higher costs in its quick commerce business Blinkit, on Thursday. It had posted a net profit of Rs 175 crore in the year-ago period.