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ETERNAL Eternal News Story

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India's Eternal beats quarterly profit view on Blinkit growth

April 28 (Reuters) - Indian online delivery firm EternalETEA.NS reported a bigger-than-expected fourth-quarter profit on Tuesday, helped by continued growth in its quick-commerce unit Blinkit and steady expansion in its core food delivery business.

The Gurugram-based company, which also operates food delivery unit Zomato, posted a consolidated net profit of 1.74 billion rupees ($18.40 million)for the quarter ended March 31, above analysts estimates of 1.21 billion rupees, per data compiled by LSEG.

($1 = 94.5450 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))

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