India's Zomato posts Q3 profit slump on stiff competition, store ramp-ups
By Ananta Agarwal and Ashna Teresa Britto (Reuters) -Indian food delivery major Zomato's third-quarter profit more than halved on Monday, as rising competition in the quick commerce space and increased spending on opening more fulfilment centres for its Blinkit platform weighed on margins.
Zomato Q3 Profit Slumps 57% YoY To INR 59 Cr
Foodtech major Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the year-ago quarter.
Zomato Q3 Results: Net profit drops 57% to ₹59 crore, revenue up 64.4%; GOV for B2C biz rises 57% YoY
Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s revenue from operations in the December quarter rose 64.4 per cent to ₹5,405 crore.
India's Zomato misses Q3 profit estimate as store ramp-ups bite
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 commerce platform,
Zomato Q3 net profit falls 57% YoY to Rs 59 crore, stock crashes 7%
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 Q3 2025 results: Net profit falls 57% despite 64% revenue rise, as expenses mount
A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier.
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
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 commerce platform.
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Zomato Shares Extend Losses For Fourth Day, Plunge 5% To INR 203.80
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over ...
Zomato shares crashed 15% after Q3 results: why analysts are divided
Zomato’s stock has slumped over 15% this week. Zomato reported a 57% decline in its consolidated net profit for the December quarter, posting ₹59 crore compared to ₹138 crore in the same period last ...
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Zomato Q3’25: Net profit nearly halves, Blinkit continues to lose money as competition heats up
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
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Zomato stock tumbles 11% after earnings announcement
In volume terms, 30.82 crore equity shares of Zomato traded on the NSE and 1.76 crore shares exchanged hands on the BSE ...
Deepinder Goyal's Zomato stock tumbles 11% after 57% drop in consolidated net profit in December quarter
Shares of food tech firm Zomato tumbled 11 per cent on Tuesday after the food delivery aggregator reported a 57.2 per cent ...
Zomato share price crash: Why have Zomato shares tanked over 30% from all time highs & what should investors do?
Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net ...
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Zomato shares down over 23% in a month. Should you buy or avoid?
The food delivery giant's stock price has fallen over 14% in the previous two sessions and over 23% in the past month.