Zomato’s parent Eternal Limited reported a strong March quarter, with PAT rising to Rs 174 crore. Revenue from operations surged 196% year-on-year to Rs 17,292 crore, aided by Blinkit’s fast growth and an inventory-led quick commerce accounting shift. Adjusted EBITDA also climbed 160%. Management expects growth to sustain above 60% CAGR, driven by assortment, geography expansion and higher demand density.
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