Eternal Share Price: Food Delivery Company’s Stock Declines Over 5 Per Cent - Know Why

Eternal Share Price: Eternal Ltd shares declined over 5 per cent to trade at an intraday low of Rs 220.05 apiece on the NSE on May 2. The food ordering and delivery service provider’s stock declined following the announcement of its earnings for the quarter and fiscal ended March 31, 2025.

Eternal Ltd informed the exchanges about its financial results on May 1. Shares of the company fell after its consolidated profit-after-tax declined on a quarter-on-quarter and year-on-year basis in the fourth quarter of FY25 (FY 2024-25).

Eternal Q4 Results

Eternal’s consolidated profit-after-tax fell over 77 per cent to Rs 39 crore in the March quarter of FY25 compared to Rs 175 crore in the March quarter of FY24. The company’s profit-after-tax also declined by nearly 34 per cent from Rs 59 crore in the December quarter of FY25. However, the company’s profit-after-tax for the full fiscal FY 2024-25 grew by over 50 per cent to Rs 527 crore from Rs 351 crore in FY 2023-24.

Even as the food delivery company’s bottom line declined, it posted a growth in its top line. Eternal Ltd’s consolidated revenue from operations grew by nearly 64 per cent to Rs 5,833 crore in the March quarter of FY25 from Rs 3,562 crore in the corresponding quarter of the preceding fiscal. Sequentially, the company’s revenue from operations increased by nearly 8 per cent compared to Rs 5405 crore in the December quarter of FY25. The company’s revenue from operations for FY25 increased by over 67 per cent to Rs 20,243 crore compared to Rs 12,114 crore in the preceding fiscal.

In a letter addressed to the company’s shareholders, Albinder Dhindsa, the Chief Executive Officer of the company’s quick commerce vertical, Blinkit said that losses might increase or decrease in the near term. However, he added that the company is confident in its profit potential.

“In the near term, the losses will increase or decrease depending on how the pace of expansion and competitive intensity play out over the next few quarters. Sustained profitability will be achieved by focusing on the right long-term priorities. We have a large market opportunity to cover, and we remain confident of the profit potential in this business in steady state (5-6 per cent of NOV),” Dhindsa said.

Eternal Share Price History

In a year shares of Eternal Ltd have gained over 23 per cent on the NSE. The food delivery service provider’s shares have fallen over 14 per cent on a year-to-date basis. In six months the company’s shares have declined over 2 per cent. In a month shares of the company have climbed over 17 per cent and in five days the stock has traded higher by over 1 per cent.

At the time of writing shares of Eternal Ltd traded higher by 1.68 per cent at Rs 236.42 apiece on the NSE.