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Eternal (formerly Zomato), led by Deepinder Goyal, reported nearly threefold revenue growth to ₹13,500-₹14,000 crore, driven by Blinkit’s inventory model and ecosystem integration. Yet, net profit dropped over 60% to ₹65 crore as expansion and marketing costs rose. Goyal emphasised a unified consumer ecosystem, balancing rapid scale with short-term margin pressure.
short by / 08:02 pm on 21 Oct
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