ETERNAL543320Food delivery/quick commerce
Eternal's earnings showed a shift in focus back to growth with medium-term growth guidance around 20%, seen as a negative read-through for Swiggy as per Citi Research
By ScoutQuest · · 1 min read
- Medium-term growth guidance
- 20 odd percent
Heard on business television between 10:24:11 - 10:27:11 IST.
- Eternal's focus is shifting back to growth, medium-term growth guided at around 20%
- Earlier guidance in Q1 had indicated no growth-margin trade-off in food delivery segment
- Citi Research flagged this as adverse for Swiggy given the diverging growth-margin approach
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Source: Live TV News Channel · 22 Oct 2026
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