Zomato’s Q3 net profit falls

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 share price plunges over 9% after Q3 PAT slumps 57% YoY. Time to buy or sell?
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
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.
Swiggy shares drop 10% to hover near listing price after rival Zomato's Q3 profit plunges 57%
Swiggy shares fell 10% during trading on January 21, impacted by a spillover effect after peer Zomato reported lower-than-expected Q3 results, weighing on investor sentiment in the food-delivery segment.
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.
Zomato shares continue to slump for 2nd day; plunge 12 pc
Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57
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 ...
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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 ...
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 ...
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 ...
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Zomato Faces Sharp Decline In Net Profit: What Should Investors Know?
Zomato's share price fell by nearly 10% in early trade on Tuesday, following a significant 57.25% decline in net profit for ...
Disappointing Q3 Results Send Zomato and Swiggy Stocks Tumbling
The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...
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Zomato Shares Drop 12.78% After Q3 Results
Zomato shares plummeted 12.78% to INR 210.15 intraday on BSE, with the stock trading at INR 220.20 as of 12:20 PM ...
'Zomato's loss of 15% in less than a day...': A top investor explains why stock's losing value
The quick commerce business added 216 stores this quarter, surpassing the 1,000-store milestone. Blinkit’s management now ...