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Zomato Q3 Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The ...
Zomato Ltd share price was up by 0.89% from the previous closing price of ₹214.55. Who are peers of Zomato Ltd? The peers of Zomato Ltd are Swiggy Ltd, Info Edge (India) Ltd, One 97 ...
Zomato's stock faces investor concerns about accelerated investments in Blinkit’s supply chain (dark store and warehouse network) and rising competitive pressures in quick commerce. According to ...
Zomato Q3 Results: The Gross Order Value (GOV) for the food delivery and quick commerce businesses is projected to grow 22% and 113% YoY, respectively, with take rates of 21% and 19%, contributing to ...
Zomato's shares fell nearly 4% on Monday after the food delivery company reported a 57.2% decline in net profit for the December quarter, primarily due to aggressive store expansion for its... Jan 20, ...
“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 ...
(Image/Reuters) Zomato has invested an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (RoC). With this latest infusion ...
Zomato shares were trading 9.42% lower at Rs 218.25 at 10:22 am. Shares of the food delivery giant had also declined in the previous session. Listen to Story Zomato shares tumble in early trade on ...
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Food aggregator major Zomato has stated that its delivery partners earned an average of ₹28,000 a month in 2024, a modest 2.3% increase from the average monthly earnings of ₹27,109 in 2023. This is ...
Zomato Stock Price: Soon after the Q3 results were released, Zomato shares sharply declined over 7%, hitting a day's low of Rs 228.80. At market closing, the food delivery giant's shares fell 3.14% to ...