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.
LIVE
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% YoY. Revenue of Blinkit is estimated to see a sharp jump due to store additions.
Zomato's Q3 results: Net profit plunges 57%, revenue up 64%
However, revenue from operations witnessed a significant growth of 64%. The company's revenue jumped to ₹5,405 crore from ₹3,288 crore in Q3 FY24. Sequentially, this marks a 13% growth over the ₹4,799 crore reported in Q2 FY25.
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 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.
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 ...
inc423h
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 ...
Three reasons why Zomato stock crashed 7% today post-Q3 results
Zomato reported a 57% fall in Q3 profit as its margins continued to face pressure from increased spending on opening more ...
thetechportal.com11h
Zomato Q3’25: 58% YoY increase in revenue, accelerated investment for Blinkit as competition heats up
Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...
'Being Vegetarian Feels Like Curse': Zomato User's Post Goes Viral After He Highlights How Food App Charged Him Of 'Veg Mode Enablement Fee'
It was believed that Rohit turned on the 'only veg' mode on the app to eliminate non-veg dishes he wasn't looking for and ...
Zomato stores see traction in smaller cities, plans more stores, says management
Zomato ’s business is seeing a strong traction in smaller cities and the company is planning to open more stores in these ...
The Financial Express10h
Zomato Q3 Results: Profit dips significantly to Rs 59 crore on continued store expansion, revenue up 64.39% YoY
Zomato recorded fiscal third quarter earnings with profit dropping significantly to Rs 59 crore. Zomato said that its margins ...
cnbctv189h
Zomato’s delivery partners earned an average of ₹28,000 a month in 2024
Zomato CEO Deepinder Goyal said that this, after accounting for estimated fuel cost of Rs 5,000 a month, is “fairly ...
Zomato Q3 Results Live Updates: Zomato share price gains ahead of earnings; revenue may jump 66% YoY
While Zomato’s net profit in the December quarter is expected to grow around 20%, its revenue growth is estimated to be 66% ...