Eternal shares surge nearly 6 pc; market valuation jumps Rs 13,365.74 cr
The stock surged 5.38 per cent to settle at Rs 271.20 apiece on the BSE. During the day, it climbed 7.55 per cent to Rs 276.80.
On the NSE, shares of the firm jumped 5.63 per cent to Rs 271.70 each.
The company's market valuation zoomed Rs 13,365.74 crore to Rs 2,61,717.51 crore.
The stock emerged as the biggest gainer among the Sensex and Nifty firms.
Eternal on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed down on its bottom line.
The company, which re-branded itself as Eternal in March, had reported a net profit of Rs 253 crore in the year-ago period.
In a regulatory filing, Eternal said the results are not comparable with the corresponding quarter last year on account of the acquisition of Orbgen Technologies Pvt Ltd and Wasteland Entertainment Pvt Ltd, holding the 'movies ticketing' and the 'events' businesses, respectively, from One 97 Communications Ltd, (Paytm's parent firm) which was completed in August 2024.
During the quarter under review, Eternal's revenue from operations stood at Rs 7,167 crore, up from Rs 4,206 crore a year ago, the company said in a regulatory filing, adding, for the first time, its quick commerce net order value (NOV) exceeded food delivery NOV for the full quarter.
The company's total expenses also jumped to Rs 7,433 crore, from Rs 4,203 crore in the corresponding period of the previous fiscal. PTI SUM SUM SHW SHW
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments
First Published:
July 21, 2025, 18:15 IST
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Indian Express
11 minutes ago
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News18
25 minutes ago
- News18
'India Our Closest Partner, It Is Even Better Now': Maldives President Muizzu
Last Updated: News18 spoke with Mohamed Muizzu at the Republic Square in Malé, soon after PM Modi left following a two-day state visit Maldives President Mohamed Muizzu told News18 in an exclusive conversation on Saturday that India is his country's 'closest partner" and the new Rs 5,000 crore credit line announced by Prime Minister Narendra Modi during his visit will greatly help the archipelagic country. News18 spoke with Muizzu at the Republic Square in Malé, soon after PM Modi left following a two-day state visit. 'India is our closest partner, of course. I'm sure it is even better now," Muizzu said. The President said that the Maldives was looking forward to the completion of the free trade agreement (FTA) with India. Both countries announced during PM Modi's visit that they will begin negotiations over the FTA. 'Once completed, the FTA will be very beneficial for traders of both countries. We are looking forward to it," Muizzu told News18. He also described the new Rs 5,000 crore credit line from India as a big help. Muizzu, in fact, told News18 how his government plans to utilise this aid. 'We have earmarked a lot of crucial projects to carry out with that. For example, hospitals, housing development, infrastructure, schools. So, it will definitely help," Muizzu said in the interview. The Maldives President also expressed his 'utmost thanks" to PM Modi for coming on this visit. 'We are very grateful to the PM," Muizzu told News18. These comments from Muizzu are a remarkable turnaround from 2023, when he came to power in the Maldives on an 'Out India" plank, and some of his ministers made uncharitable remarks on India in 2024. Muizzu also made state visits to Turkey and China before India, changing an old convention where a Maldives President always paid his first visit to India. But foreign minister S Jaishankar's visit to the Maldives last year, followed by Muizzu's state visit to India in October, brought bilateral relations back on track. view comments First Published: July 26, 2025, 19:13 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
