The broader market downturn has only made matters worse for Swiggy and Zomato. As of 1:30 PM on February 11, the Sensex was down 1,102.78 points (1.43%), trading at 76,209.02, while the Nifty had ...
The stocks continued to reel under the effect of their weak performance in the October-December quarter of the current ...
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...
Overall, Zomato’s consolidated adjusted EBITDA (excluding ESOP costs) soared 120% year-on-year (YoY) to INR 285 Cr in Q3 FY25. This primarily came on the back of improvements in food delivery ...
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 Q3 Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s reported a drop of 57 per cent in net profit to ₹57 crore in the December quarter (iStock photo ...
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 ...
Food delivery and quick commerce major Zomato reported a 57 percent year-on-year (YoY) decline in quarterly profit after tax (PAT) at Rs 59 crore in the third quarter (Q3) of financial year 2024 ...
Blinkit is likely to post a contribution margin of 3.7 per cent and an adjusted Ebitda margin of -0.1 per cent in Q3. Blinkit is projected to sustain its growth momentum with 24 per cent/123 per cent ...
Investors in quick commerce must be prepared for the long haul. However, even patient investors face a tough choice between Swiggy and Zomato.
Zomato Ltd's stock took a sharp hit following its Q3 FY25 earnings report, which revealed a significant 57 per cent year-on-year (YoY) drop in its consolidated net profit. The profit for the quarter ...