Eternal, formerly Zomato, anticipates strong revenue growth in Q4, fueled by Hyperpure and Blinkit. However, profitability is expected to decline significantly, with analysts projecting a substantial drop in profit after tax or even a loss. While food delivery margins are expected to improve slightly, Blinkit’s expansion may lead to EBITDA losses due to new store additions.
Inox Wind shares gain 3% after bagging Rs 1,600-crore order from NLC India
Inox Wind secured a repeat 200 MW turnkey order from NLC India worth Rs 1,600 crore. This project involves end-to-end execution and will be commissioned