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Zomato profits dragged down 57% amid ‘broad-based demand slowdown’
The Deepender Goyal-led company reported a profit of Rs 59 crore for Q3 of the fiscal year 2025, a decline of 57.24% compared ...
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Zomato Q3 Results: Blinkit will remain loss-making for the near-term, management says
Blinkit reached 1,000 stores this quarter and the management expects that count to double by the end of the year, a full year ...
Fortune India1d
Zomato effect: Swiggy's share price sees sharp fall raising investor concern over food delivery sector
Swiggy's stock falls 11% after Zomato's poor quarterly performance raises concerns among investors. What this means for the ...
Mint3d
Undeterred by 57% profit decline, Zomato to accelerate Blinkit expansion
Zomato Ltd will continue to floor the accelerator on its Blinkit expansion, burning cash to reach 2,000 dark stores a year ahead of target even as the quick-commerce business plunged its third ...
Zomato Q3: Blinkit’s loss widens to Rs 103 crore as competition heats up; company says margin expansion paused
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
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Hotel Industry Raises Red Flag Against Zomato and Swiggy's Private Labels
The Federation of Hotel & Restaurant Associations of India (FHRAI) has voiced concerns over Zomato and Swiggy's entry into the 'private label' food delivery domain. FHRAI accuses the platforms of ...
Zomato Apologises for Veg-Mode Fee, Removes Charge Within Hours
Zomato, India’s leading food delivery platform, found itself at the center of a controversy this week after introducing a Rs ...