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Net profit falls 57% despite 64% revenue rise
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 Q3 net profit falls 57% YoY to Rs 59 crore, stock crashes 7%
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new customers, particularly in its quick commerce business. Adjusted EBITDA, however,
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 Declines 57% To Rs 59 Crore
Food delivery platform Zomato reported a 57 per cent decline in consolidated net profit, which stood at Rs 59 crore for the third quarter of FY25, compared to Rs 138 crore during the same period last year.
thetechportal.com
2d
Zomato Q3’25: Net profit nearly halves, Blinkit continues to lose money as competition heats up
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
2d
on MSN
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 ...
inc42
1h
Zomato Expands ESOP Pool With 4.17 Cr Stock Options
Based on Zomato’s stock closing price of INR 216.45 per share on Wednesday, the total value of these stock options is ...
2h
After big 2024 gains, Zomato and Oberoi Realty tumble in 2025's selloff
The reversals come amid a broader selloff in Indian stocks, with the NSE Nifty 50 Index down 12% from its September record ...
2d
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 ...
5h
Zomato triggers another war: Big brokerages take big opposing views
Several analysts cut their target price on Zomato amidst rising competition. However, one reputed brokerage remains bullish ...
NewsX
1d
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 ...
1d
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 ...
inc42
22h
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 ...
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