Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The revenue from ...
Kotak Institutional Equities had initiated coverage on Swiggy on Monday with a "buy" rating and a price target of ₹500.
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
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.
Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of trade on the NSE on Monday, it was down 7.3% at Rs 230.70.
Overall, Zomato’s consolidated adjusted EBITDA (excluding ESOP costs) soared 120% year-on-year (YoY) to INR 285 Cr in Q3 FY25. This primarily came on the back of improvements in food delivery ...
Zomato shares are trading under pressure after the company reported weak Q3 results FY2025. Zomato shares have lost almost 15 ...
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results ...
Zomato Q3 Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s reported a drop of 57 per cent in net profit to ₹57 crore in the December quarter (iStock photo ...
While Zomato’s net profit in the December quarter is expected to grow around 20%, its revenue growth is estimated to be 66% ...
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 ...