Brief: Eternal Says We Do Expect YoY Food Delivery Growth To Inch Up Gradually Towards 20% Over Time

Eternal

21/01/2026 11:58

Jan 21 (Reuters) - Eternal Ltd ETEA.NS:

IF COMPETITION MODERATES IN NEAR TERM, TO AIM FOR 3,500-4,000 STORES BY MARCH 2027

WE DO EXPECT YOY FOOD DELIVERY GROWTH TO INCH UP GRADUALLY TOWARDS 20% OVER TIME

REMAIN ON TRACK FOR 3,000 STORES BY MARCH 2027

ETERNAL LTD ON INDIA'S SOCIAL SECURITY CODE: SHOULD BE ABLE TO ABSORB MOST IMPACT; DON’T EXPECT CHANGE IN LONG TERM MARGIN GUIDANCE IN ANY BUSINESS

CONTINUE TO MONITOR DETAILS OF OTHER ASPECTS OF THE LABOUR CODE; DO NOT EXPECT ANY MATERIAL IMPACT ON P&L

WE THINK DISTRICT CAN BECOME $3 BLN NOV BUSINESS WITH 5% ADJUSTED EBITDA MARGIN BY FY30

Source text: ID:nBSE8bQJc7

Further company coverage: ETEA.NS

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