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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 falls 57% as Blinkit expansion pressures margins
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, Blinkit. Despite this, overal
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.
1h
on MSN
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 ...
1h
on MSN
Despite shaky Q3 earnings, why Pankaj Murarka is gung-ho on Zomato, Paytm
Zomato is pursuing an aggressive strategy to maintain its leadership in the quick commerce space, despite the potential for ...
Fortune India
2h
It’s not just Zomato anymore; Swiggy, Nykaa, FirstCry, Trent feel the heat of competition
Mart, and Trent shares are down up to 35% from their 52-week high levels, while FirstCry has seen a correction of 69%.
2d
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 ...
indiaretailing
3h
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 ...
1d
Zomato Q3 Results: Muted Performance As PAT Declines by 57% While Revenue Up by 64.4%; Shares Slip 7%
Zomato India, the food delivery giant, has announced its financial results for the October to December quarter of FY 2025.
cnbctv18
2h
Arvind Sanger highlights India’s growing investment appeal amid global market insights
Arvind Sanger, Managing Partner at Geosphere Capital Management stated that corrections in stocks like Zomato and Dixon ...
2h
NRAI plans legal action against Zomato, Swiggy over 10-min delivery apps
Both Zomato and Swiggy have defended their quick delivery services and are working to dispel fears of data exploitation ...
1d
on MSN
Zomato's Q3 net profit plummets as Blinkit piles up losses to take on rivals Zepto, Swiggy
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of ...
2h
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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