Zomato Ltd's Q3 FY25 net profit fell more than 57 percent year-on-year to Rs 59 crore, even as the food delivery firm's revenue for the quarter expanded 64 percent from the previous year.
Zomato is expected to report strong Q3FY25 growth, with a 66% YoY revenue increase, driven by food delivery and Blinkit’s expansion. Blinkit revenues are projected to surge 110% YoY due to store ...
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results ...
Kotak Institutional Equities had initiated coverage on Swiggy on Monday with a "buy" rating and a price target of ₹500.
ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising competition.
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
India's Zomato reported a smaller-than-expected third-quarter profit on Monday as its margins continue to face pressure from high spending on opening more centres to fulfil orders at its quick ...
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
Zomato shares dropped 9% after reporting a 57% decline in net profit for Q3FY25. Despite higher revenue, profitability was impacted due to a slowdown in food delivery demand. Analysts have mixed ...
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ...
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of trade on the NSE on Monday, it was down 7.3% at Rs 230.70.