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.
Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...
The company's revenue from operations for the quarter rose 15.2% year-on-year to Rs 722.39 crore, compared to Rs 627.12 crore ...
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 ...
Info Edge's consolidated profit surged 60.6 per cent Y-o-Y to Rs 242.5 crore, while Ebitda climbed 34 per cent annually to Rs ...
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 ...
December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...
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 ...
Soon after the Q3 results were released, Zomato shares sharply declined over 7%, hitting a day’s low of Rs 228.80. At market ...