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Eternal, the parent company of Zomato and Blinkit, saw its staff count more than double to 16,375 in FY25 due to business ...

Revenue from operations rose to Rs 1,901 crore in the April-June quarter as compared with Rs 1,732 crore in the year-ago ...

Even with generous assumptions, the stock trades at more than 300 times projected earnings. Surely that’s too expensive, ...

Eternal (formerly Zomato) more than doubled its workforce in FY25 but this headcount surge has come with falling average salaries, and soaring boardroom compensation.

Eternal, previously Zomato, has more than doubled its workforce in FY25 amid the expansion of its quick-commerce business, Blinkit, and the going-out vertical District.

The S P BSE Sensex added 446.93 points to close at 81,337.95, while the NSE Nifty50 gained 140.20 points to end at 24,821.10.

While expansion into new business lines is adding to Eternal’s headcount, particularly in lower-salaried roles, there’s also a higher share of exits in frontline positions.

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Several stocks experienced declines in early trading on Tuesday, with Eternal (Zomato), Bharat Electronics, and Infosys among the top losers on the Nifty 50. At 9:25 am, Eternal was trading at Rs 303.