BOM:543320

Nomura Adjusts Eternal's Price Target to INR340 From INR380, Keeps at Buy

Jefferies Adjusts Eternal's Price Target to INR400 from INR480, Keeps at Buy

Eternal Posts Higher Consolidated Profit in Fiscal Q4; EPS, Revenue Beat Estimates

Eternal (NSE:ETERNAL, BOM:543320), formerly Zomato, recorded an increase in attributable consolidated profit to 1.74 billion Indian rupees in the fiscal fourth quarter, from 390 million rupees a year ago, according to an Indian bourse filing on Tuesday.Earnings per share for the quarter ended March 31 climbed to 0.19 rupees from 0.04 rupees a year earlier. Analysts polled by Visible Alpha estimated 0.12 rupees.Revenue from operations in fiscal Q4 jumped year on year to 172.9 billion rupees from 58.3 billion rupees, the filing said. Analysts polled by Visible Alpha estimated a revenue of 176.6 billion rupees.