Food delivery major Zomato, which owns Blinkit, on Monday (January 20, 2025) reported a 57.2% decline in consolidated net ...
Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
New Delhi: Food delivery major Zomato, which owns Blinkit, on Monday reported a 57.2 per cent decline in consolidated net ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
The S&P BSE Sensex gained 454.11 points to close at 77,073.44, while the NSE Nifty50 added 141.55 points to end at 23,344.75.
Zomato recorded fiscal third quarter earnings with profit dropping significantly to Rs 59 crore. Zomato said that its margins ...
Soon after the Q3 results were released, Zomato shares sharply declined over 7%, hitting a day’s low of Rs 228.80. At market ...