Oct 16 (Reuters) - India's Eternal ETEA.NS reported a second-quarter profit that rose sequentially, as surging demand in its quick commerce arm, Blinkit, cushioned the impact of still-high investments in the 10-minute delivery channel.
Eternal, which also has a food delivery arm under 'Zomato' reported a second-quarter profit of 650 million rupees, compared to 1.76 billion rupees a year ago. Profit, however, was higher compared to previous quarter's 250 million rupees.
(Reporting by Ananta Agarwal in Bengaluru)
((Ananta.agarwal@thomsonreuters.com;))