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Zomato Shares Tumble 10% Post Q3 Results: Here is Why
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results
Zomato shares tumble 12% post Q3; what went wrong?
Zomato shares declined 9.1% to hit a low of ₹219 in early trade today, after ending 3.1% lower in previous session amid weak Q3 numbers.
Zomato shares in focus after Q3 PAT falls 57% YoY. Should you buy, sell or hold?
Zomato experienced a 57% decline in its December quarter net profit, reporting Rs 59 crore. Despite a 64% rise in revenue, there was a notable slowdown in food delivery. Analysts are mixed on the stock,
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.
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1h
Zomato Q3 Results: Is turnaround story hitting a speed bump? Nikunj Dalmia DECODES | Editor's Take
Editor-in-chief Nikunj Dalmia has said that Zomato is a stock which has been a ranked outperformer. It is a stock which ...
1h
Blinkit's aggressive store expansion dents Zomato's Q3, but brokerages are still optimistic
Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net ...
21h
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 ...
LIVE
7h
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% ...
newsbytesapp.com
1h
Zomato crashes 8% as analysts downgrade stock following Q3 results
Market analysts are revising stock price targets downward for Zomato after the food delivery giant posted a mixed performance ...
The Financial Express
28m
Why is Zomato falling today? 3 reasons are…
Zomato shares dip 8.7% as Q3 FY25 profit falls by 57.2%. Explore what brokerage houses have to day post quarterly results.
1h
Zomato Q3 FY25: Rapid expansion eats into quick commerce; outlook positive
Zomato’s aggressive expansion strategy may be hurting it in the short term, but profitability will improve sharply after ...
19h
Zomato Q3 Results FY25 Live Updates: Stock drops 7% as PAT falls to Rs 59 crore QoQ, though revenue soars 64.4% YoY to Rs 5,405 crore
Zomato is projected to show strong Q3FY25 growth, with a 66% YoY revenue boost, fueled by growth in food delivery and Blinkit ...
cnbctv18
1h
Swiggy shares fall 8% after Zomato Q3 results, nearing IPO price post initial surge
Swiggy is witnessing an impact from Zomato's quarterly results, which were reported on Monday. Zomato shares are also down 9% ...
1h
Zomato tanks 12% in 2 days post Q3; analysts cut earnings, target estimates
Zomato, on Monday, reported a 57 per cent Y-o-Y fall in net profit at Rs 59 crore for the October-December quarter ...
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