Eternal CEO Deepinder Goyal Resigns, Albinder Singh Dhindsa Takes Over; Q3 Results Out

• Eternal announced CEO and MD Deepinder Goyal's resignation, effective February 1, with his appointment as Vice Chairman and Director.
• Albinder Singh Dhindsa, current CEO of Blinkit, has been approved as the new CEO of Eternal.
• The company reported a 57% year-on-year profit increase to INR 102 crore, matching market estimates.
• Revenue grew by 20% quarter-on-quarter to INR 16,315 crore, surpassing CNBC-TV18 poll estimates.
• EBITDA rose by 54% to INR 368 crore, and EBITDA margin improved to 2.3%, both exceeding market expectations.

Why It Matters: Eternal sees leadership change with Deepinder Goyal's resignation and strong Q3 financial performance.