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.
FY25 net profit fell 57 per cent YoY to Rs 59 crore due to increased costs from Blinkit’s rapid expansion. Market sentiment dipped, but brokerages remain optimistic about Zomato's long-term growth ...
A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier.
However, revenue from operations witnessed a significant growth of 64%. The company's revenue jumped to ₹5,405 crore from ₹3,288 crore in Q3 FY24. Sequentially, this marks a 13% growth over the ₹4,799 ...
The 2025 has not begun on a positive note for billionaire Deepinder Goyal as his food tech unicorn Zomato reported a 57.2 per ...
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ...
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 ...
Zomato Q3 Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s reported a drop of 57 per cent in net profit to ₹57 crore in the December quarter (iStock photo ...
Shares of Zomato plunged 8.02% to INR 228.80 on BSE after the listed foodtech major announced its financial results for the December 2024 quarter (Q3 FY25) ...
Zomato, the food delivery giant, reported a sharp 57.2% decline in net profit to Rs 59 crore for Q3 2023. Despite a rise in ...
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 ...