Eternal shares fall 4% after Q2 results. 10 things team Deepinder Goyal said in shareholders letter

News Source : The Times of India
News Summary
- Eternal (formerly Zomato) shares fell nearly 4% after Q2 results showed a sharp drop in profit.
- In a shareholder letter, CEO Deepinder Goyal highlighted gradual growth recovery, strong quick commerce expansion, improved margins, and continued investments in Blinkit, Hyperpure, and District despite weak discretionary demand.
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Shares of food delivery company Eternal (formerly Zomato) fell as much as 3.9% to settle at Rs 340.5 apiece on the NSE on Thursday after it reporteda 63% fall in its consolidated Q2 net profit at Rs [+3818 chars]