Zomato's Q3 net profit plummets

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.
Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.
Zomato Q3, Blinkit profitability concerns trigger share price target cuts
Out of the 28 analysts that have coverage on Zomato, 24 of them have a 'Buy' rating on the stock, one of them say 'Hold', while three of them have a 'Sell' rating on the counter.
India's Zomato's Q3 profit tumbles as store ramp-ups take a toll
India's Zomato reported a 57% fall in third-quarter profit on Monday as its margins continued to face pressure from increased spending on opening more centres to fulfil orders at its Blinkit quick commerce platform.
Zomato Q3’25: Net profit nearly halves, Blinkit continues to lose money as competition heats up
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as investment speeds up.
Zomato Q3: Rising Quick Commerce Competition Hits Bottom Line
The foodtech major’s consolidated net profit declined 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the same quarter last year.
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 high spending on opening more centres to fulfil orders at its quick commerce platform,
Zomato Q3 FY25 results: Net profit falls 57% to Rs 59 crore, revenue up 64%
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third quarter of financial year 2024-25 (FY25).
Zomato Q3 net profit falls 57% YoY to Rs 59 crore, stock crashes 7%
Zomato Ltd's Q3 FY25 net profit fell more than 57 percent year-on-year to Rs 59 crore, even as the food delivery firm's revenue for the quarter expanded 64 percent from the previous year.
Zomato Q3 2025 results: Net profit falls 57% despite 64% revenue rise, as expenses mount
A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier.
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% ...
Zomato Q3 Results: Muted Performance As PAT Declines by 57% While Revenue Up by 64.4%; Shares Slip 7%
Zomato India, the food delivery giant, has announced its financial results for the October to December quarter of FY 2025.
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 ...