Zomato's Q3 net profit plummets
Zomato Ltd (BOM:543320) reports strong store network growth and market share gains, but faces profitability pressures from quick commerce investments.
Zomato is projected to show strong Q3FY25 growth, with a 66% YoY revenue boost, fueled by growth in food delivery and Blinkit ...
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after ...
Editor-in-chief Nikunj Dalmia has said that Zomato is a stock which has been a ranked outperformer. It is a stock which ...
Zomato shares dropped 9% after reporting a 57% decline in net profit for Q3FY25. Despite higher revenue, profitability was ...
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
Market analysts are revising stock price targets downward for Zomato after the food delivery giant posted a mixed performance ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
The foodtech major’s consolidated net profit declined 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the same quarter last ...
It was a double whammy for Zomato as the food delivery and quick commerce businesses disappointed in Q3. Are the quarterly ...