While Swiggy saw improvement in its core food delivery business, its quick commerce arm witnessed lower margins as dark store ...

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.

ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising competition.

December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...

Zomato's aggressive store expansion for its quick commerce business, Blinkit, has inflated losses and dragged its Q3 net profit. While the Street beat Zomato's shares down after Q3 numbers, brokerages ...

Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...

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 ...

The Indian stock market witnessed a significant drop in the share prices of food delivery giants Zomato and Swiggy on Tuesday ...

Zomato shares dropped 9% after reporting a 57% decline in net profit for Q3FY25. Despite higher revenue, profitability was impacted due to a slowdown in food delivery demand. Analysts have mixed ...

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 revenue from ...