Eternal Q3 Preview: Earnings set to grow 50% YoY; Blinkit losses persist
Eternal anticipates strong growth in the December quarter. Blinkit's shift to a first-party model and quick commerce are key drivers. Food delivery shows steady demand and improving margins. Blinkit's rapid expansion continues, but losses persist. Hyperpure also sees growth. Analysts will watch competitive intensity and Blinkit's path to profitability.