Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...
Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...
Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at ...
Food delivery major Zomato, which owns Blinkit, on Monday (January 20, 2025) reported a 57.2% decline in consolidated net ...
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
Zomato recorded fiscal third quarter earnings with profit dropping significantly to Rs 59 crore. Zomato said that its margins ...
Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...
Blinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion ...
Soon after the Q3 results were released, Zomato shares sharply declined over 7%, hitting a day’s low of Rs 228.80. At market ...
Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...
Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore ...