Zomato Shares Plunge 13% After Earnings Miss Analyst Estimates
Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.
Zomato shares continue to slump for 2nd day; plunge 12%
Zomato shares drop 12% as net profit falls 57.2% in December quarter, impacting market capitalization and stock prices.
Zomato Shares Tumble 10% Post Q3 Results: Here is Why
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
Zomato Stocks Plunge Nearly 10 Per Cent, See Why The Food Delivery Firm's Share Price Is Falling
The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours following disappointing results declared for the third quarter on Monday.
Zomato Q3 results: Share price tanks another 8%; BofA still sees up to 70% UPSIDE, Macquarie's target Rs 130
Zomato shares fell another 8%, continuing the fall after the company reported its Q3 FY25 results. Brokerages are divided, with Bank of America predicting a 70% upside, while Macquarie forecasts a 40% downside.
Zomato Q3 Results: Cons PAT falls 57% YoY to Rs 59 crore, revenue surges 64%
Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The revenue from operations in Q3FY25 stood at Rs 5,
For Zomato, chasing too much growth in q-commerce may be causing indigestion
It was a double whammy for Zomato as the food delivery and quick commerce businesses disappointed in Q3. Are the quarterly ...
India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than ...
Zomato Ltd (BOM:543320) Q3 2025 Earnings Call Highlights: Strategic Expansion and Market Challenges
Zomato Ltd (BOM:543320) reports strong store network growth and market share gains, but faces profitability pressures from quick commerce investments.
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Zomato's 'curbside pickup' feature lets you eat without waiting
Well, with Zomato's Curbside Pickup feature, you can! It's a game-changer, offering a faster, hassle-free alternative to ...
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased ...
Swiggy shares drop 10% to hover near listing price after rival Zomato's Q3 profit plunges 57%
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported ...
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Zomato crashes 8% as analysts downgrade stock following Q3 results
Market analysts are revising stock price targets downward for Zomato after the food delivery giant posted a mixed performance ...
Zomato slumps 16% in 2 sessions post weak Q3FY25 results: Should you buy, hold or sell it?
For the October-December quarter, the company's consolidated net profit slumped 57 per cent on-year to Rs 59 crore as against ...
Zomato, Swiggy shares slide amid rising competition in quick commerce
Shares of Zomato fell over 10% after reporting a 57% YoY drop in Q3 net profit, mainly due to increased spending and ...
'Zomato's loss of 15% in less than a day...': A top investor explains why stock's losing value
The quick commerce business added 216 stores this quarter, surpassing the 1,000-store milestone. Blinkit’s management now ...