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The Reserve Bank of India surprised the street with an outsized 50 basis points repo rate cut and changed its stance from ...
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Zomato Shares Tank 29% From Peak: What Went Wrong After Q3 Results?New Delhi: Ever since Zomato announced its Q3 earnings, the stocks have been in freefall. After two days of fall, the shares closed in green at Rs 218.10 on the NSE. Zomato shares have eroded 29% ...
Food delivery platform Zomato has announced its results for the quarter ended December 2024 on Monday, January 2025. The business stated that the net profit has reduced by more than half as ...
Shares of Zomato cracked 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator reported a 57.2 per cent decline in consolidated net profit for the December ...
Food delivery major Zomato, which owns Blinkit, on Monday (January 20, 2025) reported a 57.2% decline in consolidated net profit to ₹59 crore for the third quarter ended December. The company ...
Zomato’s NSE-listed shares fell 10.9% to 213.50 rupees by 11:08 IST (05:38 GMT), having fallen as much as 13% earlier. This compared to a 0.8% drop in the Nifty 50 benchmark.
Zomato Ltd (BOM:543320) has successfully expanded its store network, reaching 1,000 stores ahead of schedule, indicating strong operational capabilities. The company is seeing healthy traction in ...
Food delivery and quick commerce major Zomato reported a 57 percent year-on-year (YoY) decline in quarterly profit after tax (PAT) at Rs 59 crore in the third quarter (Q3) of financial year 2024 ...
Zomato's Profit After Tax Dimnishes 57% To ₹59 Crore; Revenue Expans 64% To ₹ 5,400 Crore In Q3 FY25
generating Rs 1,399 crore as opposed to Rs 644 crore in Q3 FY24. Revenue from Zomato's 'Going Out' segment, on the other hand, nearly tripled to Rs 259 crore from Rs 73 crore in the same period ...
A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier. Food delivery giant Zomato Ltd announced its third quarter ...
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