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 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 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 high spending on opening more centres to fulfil orders at its quick commerce platform,
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 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 ...
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 ...
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 ...
Zomato, Swiggy extend downslide, slip 3% as quick commerce rivalry heats up
Zomato's disappointing Q3 earnings, driven by its aggressive expansion in the quick commerce segment, intensified concerns ...
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 ...
'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 ...
inc424h
Zomato Shares Extend Losses For Fourth Day, Plunge 5% To INR 203.80
Zomato's stock dropped 5.05% to INR 203.80, marking its fourth consecutive day of losses, with the share price declining over ...
NewsX1d
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 ...
indiaretailing6h
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 ...