Eternal profit misses estimates on higher quick-delivery costs
Eternal Ltd.'s quarterly profit fell short of analyst estimates as its rapid-delivery arm kept spending to fend off rivals including Amazon and Walmart. Revenue rose 77% to 24,138 crore rupees.
- Quarterly profit came in below analyst consensus
- Revenue rose 77% to 24,138 crore rupees
- Quick-delivery spending rises amid competition with Amazon and Walmart
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