Eternal Limited has released its financial results for the first quarter of 2025, revealing significant growth and announcing several strategic developments.

Financial Performance

In a board meeting held on July 21, 2025, Eternal Limited approved the unaudited financial results for the quarter ended June 30, 2025. The company reported:

This performance demonstrates Eternal's continued expansion and market penetration.

Strategic Developments

New Subsidiary Formation

Eternal has approved the incorporation of a wholly owned subsidiary named Blinkit Foods Limited. This new entity will focus on the food services business and has an initial paid-up capital of INR 10.00 lakh.

Annual General Meeting

The company has scheduled its 15th Annual General Meeting for August 19, 2025.

Auditor Appointments

Subject to shareholder approval, Eternal has made the following appointments:

• Re-appointment of Deloitte Haskins & Sells as statutory auditors for a second five-year term
• Appointment of Chandrasekaran Associates as secretarial auditors for five years

Ongoing Challenges

Eternal is currently facing GST disputes with authorities regarding delivery charges. These disputes amount to INR 441.00 crores across various periods. The company is contesting these claims through appeals.

Conclusion

Eternal Limited's Q1 2025 results showcase the company's growth and strategic initiatives. The formation of Blinkit Foods Limited signals Eternal's intent to strengthen its position in the food services sector. However, the ongoing GST disputes present a challenge that the company continues to address.

As Eternal continues to evolve its business model and expand its operations, investors and analysts will be watching closely to see how the company leverages these positive trends and new initiatives in the coming quarters.

Note: All financial figures are in Indian Rupees (INR) and are on a consolidated basis unless otherwise stated.

Eternal , the parent company of popular food delivery platform Zomato, is set to announce its Q1 earnings on July 21. Despite projections of strong revenue growth, analysts anticipate a significant year-on-year decline in profit after tax (PAT) for the quarter.

Profit Projections

Brokerages estimate that Eternal's Q1 PAT could see a substantial decrease of 69-89% compared to the same period last year. This decline is primarily attributed to ongoing losses in Blinkit and increased costs in the Going Out business segment. PAT estimates from four brokerages range between Rs 28.00 crore and Rs 78.00 crore.

Revenue Expectations

Despite the projected drop in profits, Eternal's revenue is expected to show robust growth:

• Overall revenue growth: 57-59% year-on-year
• Blinkit: 113% year-on-year growth
• Hyperpure: 75% year-on-year growth
• Food delivery: 18% year-on-year growth

EBITDA Outlook

Earnings before interest, taxes, depreciation, and amortization (EBITDA) are anticipated to improve on a quarter-on-quarter basis. However, a year-on-year decline is expected, largely due to Blinkit's losses, which are estimated to be around Rs 180.00 crore.

EBITDA margins are forecasted to range between 1.90% and 2.80%. While this represents a decrease from the previous year, it shows an improvement from the preceding quarter.

Key Focus Areas

Investors and analysts will be closely watching several key aspects of Eternal's Q1 results:

1. Blinkit's revenue contribution
2. Cost structure of the food delivery business
3. Gross Merchandise Value (GMV) growth
4. Management's commentary on store expansion plans
5. Timelines for achieving profitability across different business segments

As Eternal continues to navigate the competitive food delivery and quick commerce landscape, these results will provide crucial insights into the company's financial health and growth trajectory.

Financial Data Overview

The upcoming earnings announcement will be crucial for investors to assess Eternal's progress in balancing growth with profitability across its diverse business segments.