Eternal Ltd. posted a larger-than-expected increase in quarterly sales, demonstrating its ability to sustain growth despite intense competition in quick commerce that's sapping margins. The company's revenue more than doubled in the latest quarter, driven by surging demand for rapid delivery services.

Analysts had forecast a more modest rise, but Eternal Ltd. exceeded expectations as its quick commerce platform captured market share. The results highlight the resilience of the business model even as rivals engage in aggressive discounting that pressures profitability across the sector.

Management emphasized that investments in logistics and technology are paying off, enabling faster fulfillment times and higher customer retention. However, they cautioned that margin compression remains a near-term challenge as the industry matures. The quarterly sales surge underscores the potential for continued expansion in the fast-growing quick commerce segment.

Investors responded positively, sending shares higher in after-hours trading. The performance contrasts with peers that have warned of slowing growth, positioning Eternal Ltd. as a standout in the crowded quick commerce landscape.