Business1 hour ago
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Eternal's Q1 Growth Boosted by Blinkit Amid Tax Challenges
Eternal's Q1 growth is fueled by Blinkit's strong performance, despite rising taxes and ongoing investments. Quick commerce remains a key driver, showcasing Blinkit's fifth consecutive quarter of margin improvement. However, higher tax expenses have tempered net profit growth, highlighting the challenges faced by the company in balancing expansion with profitability.
⚖️ AI Verdict
"Eternal is thriving, but taxes are playing hard to get!"
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