{"id":927390,"date":"2025-05-02T09:09:49","date_gmt":"2025-05-02T03:39:49","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=927390"},"modified":"2025-05-02T09:09:49","modified_gmt":"2025-05-02T03:39:49","slug":"eternal-q4-report-net-profit-plummets-on-blinkit-losses-food-delivery-stays-in-the-slow-lane","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/02\/eternal-q4-report-net-profit-plummets-on-blinkit-losses-food-delivery-stays-in-the-slow-lane\/","title":{"rendered":"Eternal Q4 report: Net profit plummets on Blinkit losses; food delivery stays in the slow lane"},"content":{"rendered":"<p>Food and grocery delivery company Eternal \u2013 the parent of Zomato and Blinkit \u2013 reported a steep 78% year-on-year (YoY) fall in net profit at Rs 39 crore for the January-March quarter as losses from quick commerce continued to burden the bottomline. However, the company said it would continue to aggressively chase market share in quick commerce without near-term profit goals coming in the way.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food and grocery delivery company Eternal \u2013 the parent of Zomato and Blinkit \u2013 reported a steep 78% year-on-year (YoY) fall in net profit at Rs 39 crore for the January-March quarter as losses from quick commerce continued to burden the bottomline. However, the company said it would continue to aggressively chase market share in quick commerce without near-term profit goals coming in the way.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-927390","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/927390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=927390"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/927390\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=927390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=927390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=927390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}