zomato - Search News

Zomato's Q3 net profit plummets

Hosted on MSN · 13h

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.

newsbytesapp.com · 13h

Zomato's Q3 results: Net profit plunges 57%, revenue up 64%

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 crore reported in Q2 FY25.

Hindustan Times on MSN · 13h

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.

Hosted on MSN · 14h

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.

16h

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 ...

2h

Zomato Q3 Results Highlights: Net profit plunges 57% YoY to ₹59 crore; revenue up 64%

While Zomato’s net profit in the December quarter is expected to grow around 20%, its revenue growth is estimated to be 66% ...

14h

Three reasons why Zomato stock crashed 7% today post-Q3 results

Zomato reported a 57% fall in Q3 profit as its margins continued to face pressure from increased spending on opening more ...

thetechportal.com14h

Zomato Q3’25: 58% YoY increase in revenue, accelerated investment for Blinkit as competition heats up

Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...

Zomato Q3: Rising Quick Commerce Competition Hits Bottom Line

The foodtech major’s consolidated net profit declined 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the same quarter last ...

13h

'Being Vegetarian Feels Like Curse': Zomato User's Post Goes Viral After He Highlights How Food App Charged Him Of 'Veg Mode Enablement Fee'

It was believed that Rohit turned on the 'only veg' mode on the app to eliminate non-veg dishes he wasn't looking for and ...

10h

Zomato stores see traction in smaller cities, plans more stores, says management

Zomato ’s business is seeing a strong traction in smaller cities and the company is planning to open more stores in these ...

2h

Zomato profits fall 57% in third quarter

"As of now, it seems like we will get to our target of 2,000 stores by December 2025, much earlier than our previous guidance ...

8h

Bad news for Deepinder Goyal as Zomato’s net profit falls 57% in just.., company earns only Rs…

Bad news for Deepinder Goyal as Zomato’s net profit falls 57% in just.., company earns only Rs… For breaking news and live ...

7h

Zomato Consolidated December 2024 Net Sales at Rs 5,405.00 crore, up 64.39% Y-o-Y

Net Sales at Rs 5,405.00 crore in December 2024 up 64.39% from Rs. 3,288.00 crore in December 2023. Quarterly Net Profit at ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results