Eternal Q2 FY25 results (Jul–Sep 2024) and concall

Zomato's Q2 FY25 showed sustained momentum across segments with Blinkit growing over 120% YoY at full operational capacity. The company announced a $1 billion QIP enabling resolution primarily to strengthen the balance sheet amid competitive capital raises. Management reiterated the marketplace model for quick commerce, with no plans for private labels or inventory ownership. Food delivery showed resilience against macro consumption slowdown concerns, while the District going-out app was preparing for launch.