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".

(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.

(MENAFN- IANS) New Delhi, Jan 20 (IANS) online food delivery giant Zomato on Monday reported a 57 per cent decline in net profit (year-on-year) at Rs 59 crore in the third quarter (Q3) of FY25 ...

Zomato tumbled almost 11% to a six-month low after warning of further losses in its sub-10 minute delivery business and reporting a 57% drop in quarterly profit. The disappointing results also ...

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 ...

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 food aggregator Zomato reported in an exchange filing on Monday, that its net profit for the quarter ending December 2024 fell 57.2 per cent to Rs 59 crore. The profit after tax for the ...

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 ...

India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased spending on opening more centres to fulfil orders at its Blinkit quick ...

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 ...

Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at Rs. 39 Cr versus Rs. 138 Cr (Cons, YoY). Apart from food delivery ...