Eternal shares rise 1.69% after Q1 FY27 profit jumps 268% as Swiggy edges higher
Indian quick-commerce peers reported divergent Q1 FY27 results: Eternal (Zomato) delivered strong YoY profit and revenue growth driven by a shift to a 1P model, though profit fell sharply QoQ. Swiggy's losses narrowed and revenue grew, supported by quick-commerce momentum. The news is largely idiosyncratic to these equities and unlikely to move broader crypto or macro markets in the near term.
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Eternal (Zomato, symbol ONUS) reported Q1 FY27 net profit of ₹92 crore, up 268% year on year, on revenue of ₹20,211 crore, up 182%. The stock gained 1.69% to ₹303.50 on the NSE after the results. Swiggy (SUS) also posted marginal gains, with the shares at ₹286.40. Both are Indian quick-commerce platform stocks.