Eternal, formerly Zomato, anticipates strong revenue growth in Q4, fueled by Hyperpure and Blinkit. However, profitability is expected to decline significantly, with analysts projecting a substantial drop in profit after tax or even a loss. While food delivery margins are expected to improve slightly, Blinkit's expansion may lead to EBITDA losses due to new store additions.
As far as the commodity market is concerned, the multi commodity exchange (MCX) will be closed for the morning session and open only for the evening session. MCX operations in two sessions.
Reversing four months of inflows, April saw a net 13,359 crore of outflow from the index-eligible fully accessible route (FAR) government securities, the highest monthly exit since India's inclusion in the JP Morgan EM index in July 2024, CCIL data showed. Passive investments often closely track the weightings on global gauges.
On a year-on-year basis, TVS Motor's revenue from operations rose 17% to 9,550.4 crore in the March 2025 quarter. Net profit grew at a faster rate of 76% to 852.1 crore, buoyed by the fact that benefits under the production-linked incentive (PLI) scheme for the full year were recognised in the fourth quarter.
India's gold demand witnessed a 15% drop in the March quarter due to surging prices, with jewellery sales particularly affected. Despite this, investment demand remained strong, fueled by interest in gold ETFs and digital gold. Retailers remain optimistic, anticipating overall demand to stay between 700-800 tonnes for the year, supported by increased gold imports.
