Food aggregator Zomato saw its profits in the third quarter of the fiscal year 2025 plunge by over half compared to the same quarter of the previous fiscal, amid what it termed a "demand slowdown".
In the bounce, Zomato shares target would be Rs 270-275. Book profit around Rs 275," he said. Zomato is a mutibagger stock. Zomato shares have delivered a whopping return of 80 per cent in the ...
Jan 20 (Reuters) - Indian food delivery major Zomato's (ZOMT.NS), opens new tab third-quarter profit more than halved on Monday, as rising competition in the quick commerce space and increased ...
The firm's revenue for the third quarter increases by 64 per cent to Rs 54.05 billion, net profit decreases by 57 per cent to Rs 590 million India's food delivery aggregator Zomato reported on ...
(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Zomato Ltd.’s profit dropped 57% last ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, Blinkit. Despite this, overall revenue surged 64% to Rs 54.05 billion.
Falling for the third consecutive session, Zomato share price cracked 5 per cent in morning trade on the BSE on Wednesday, January 22.
Zomato's Profit Slips The shares of the Gurugram-based company, which tanked by over 7 per cent on Monday, further dropped in value on Tuesday's trade. This came to pass after the company ...
After all, social media virality is such a fickle thing. Food aggregator Zomato reported a profit of Rs 59 crore in the third quarter of fiscal year 2025, which is a little over half that it ...
The firm’s profit after tax plummeted 57% year-on-year to ₹59 crore in the December quarter, weighed by Blinkit’s ₹103 crore loss. Zomato is also investing in its new events-focused ...