A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore ...

Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter ...

Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at ...

Zomato CEO Deepinder Goyal issued an apology and vowed to remove the extra fee charged to customers for vegetarian deliveries ...

The restaurant body is also mulling legal action against both foodtech majors over the launch of 10-minute food delivery ...

Given that there’s no mail service or delivery the Sunday before MLK Day, any post office transactions — including sending or picking up packages — will have to wait until Tuesday ...

After a formal warning earlier this month, the National Restaurant Association of India (NRAI), the restaurant body with a ...

For the food and grocery delivery giant, the number of monthly transacting customers for the October-December quarter fell to ...

Zomato’s share price plunged around 10 per cent in early trade on Tuesday after the Indian-headquartered food delivery giant reported a sharp drop in net profit. Zomato is a food delivery and ...

In the food delivery segment, it sees a mild downside to consensus forecast of 20 per cent 3-year GOV CAGR and 4.5-5 per cent adjusted Ebitda margin for FY26-28. Macquarie said it regards Zomato ...

“Zomato's loss of 15% in value in less than a day has a lot to do with profit margins getting hit in high-growth q-commerce,” wrote Aviral Bhatnagar, Founder and Managing Partner of AJVC.

Moreover, according to experts at JM Financials, Zomato is the only major hyperlocal delivery company in the country that, at a consolidated level, is generating free cash flows without ...