Everlasting shares leap 3% from lows as Zomato hikes platform price by Rs 2.4 per order
The inventory lastly ended at Rs 232.41, up by Rs 3.67 or 1.60% over the past closing worth of Rs 228.74.
On a pre-GST foundation, platform price on Zomato is now Rs 14.90 per order from Rs 12.50 earlier, in keeping with a information report by ET Tech. The final such hike was undertaken in September 2025, the report stated. Zomato’s meals supply rival Swiggy is presently charging a price of Rs 14.99 per order, together with taxes. Usually, the 2 gamers comply with one another in altering these levies.
The transfer comes at a time when city mobility startup Rapido has launched its meals supply providing Ownly in Bengaluru, claiming that it’s going to not cost any extra charges to clients or eating places aside from a supply cost.
Everlasting shares have seen vital correction, declining 30% up to now six months. It has underperformed Nifty and the BSE Sensex, which have declined 9% and 10%, respectively in the identical interval.
The inventory is presently buying and selling beneath its 50-day and 200-day easy transferring averages (SMAs) of Rs 265 and Rs 291, respectively, in keeping with Trendlyne information.
Additionally learn | Nifty Financial institution logs Third-worst March fall for the reason that world monetary disaster. HDFC Financial institution, SBI amongst prime culpritsEverlasting, which additionally operates fast commerce arm Blinkit, reported a 73% year-on-year (YoY) rise in consolidated internet revenue to Rs 102 crore. Income from operations surged 201% YoY to Rs 16,315 crore.
Income progress was primarily pushed by an accounting shift to stock possession in fast commerce, the place income now contains the total worth of products offered somewhat than simply market fee. In accordance with Everlasting, the like-for-like income progress in the course of the quarter was 64% YoY.
Consolidated EBITDA elevated 28% YoY to Rs 364 crore, whereas rising 63% QoQ.
For the meals supply enterprise, adjusted income rose 26% YoY to Rs 2,413 crore. Web order worth (NOV) elevated 17% YoY, accelerating from 13.8% progress within the earlier quarter. This marked the second consecutive quarter of NOV progress acceleration, following a trough of 13.1% in Q1FY26. Gross order worth (GOV) progress for the third quarter stood at 21% YoY.
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