India's Zomato misses Q2 profit estimates as expansion costs squeeze margins
India's Zomato reported a smaller-than-expected rise in profit for the second quarter on Tuesday as margins took a hit from investments on growing "dark stores" used to fulfill online orders on its Blinkit quick commerce platform.
Zomato's Q2 revenue climbs amid investments, profit margins narrow
Mumbai: Picture this: you eagerly await the daily notification from your go-to food delivery app, its tempting offers making it hard to resist ordering your next meal. But imagine the silence when those notifications cease because the company behind them is grappling with shrinking profits.
Zomato's Q2 net profit surges by 389% to ₹176 crore
Leading food delivery platform Zomato has reported a whopping jump in its consolidated net profit for the second quarter of FY25. The company's net earnings jumped by 389% to ₹176 crore, compared to ₹36 crore in the same quarter last year.
Zomato's Q2 FY25 Net Profit Jumps to Rs 176 Crore, Up 389% from Last Year
The company's board has approved a Rs 8,500 crore fundraising plan via a qualified institutional placement (QIP) of equity shares
India's Zomato misses Q2 profit estimates as expansion costs hit margins
India's Zomato reported a smaller-than-expected rise in second-quarter profit on Tuesday, hurt by a drop in margins, as it added more distribution centres to grow its quick commerce platform Blinkit.
Zomato's Q2 Net Profit Skyrockets Nearly 5 Times To ₹176 Cr But Misses Analysts' Estimates
Food delivery giant Zomato‘s posted its second-quarter results on Tuesday, which showed its profits skyrocketing by nearly 400%. What Happened: Zomato posted a net profit of ₹176 crore in the July to September period,
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Zomato posts strong Q2’25 numbers, uptick in net profit and revenues
Zomato announced its Q2 2025 numbers today, for the quarter ending September 2024, with surge in profits and revenue alike.
Zomato Q2 Results: Net profit jumps 389% YoY, board approves fund raising up to ₹8,500 crore via QIP | Key Highlights
Zomato Ltd reported a 389% rise in Q2FY25 net profit to ₹176 crore, up from ₹36 crore last year. Revenue reached ₹4,799 crore ...
Zomato Q2 results: Profit rises 5x to Rs 176 crore, revenue up 69%
The company has also received approval from its board of directors to raise up to Rs 8,500 crore via QIP of equity shares ...
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Zomato Q2 Results: Profit Surges 5x, Revenue Jumps 69 Percent In FY25
The company's total expenses rose to Rs 4,783 crore in the quarter ending September, up from Rs 4,203 in the previous quarter ...
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Zomato Q2 rev up 68%; Board approves Rs 8,500 Cr QIP
Zomato's B2B arm nearly doubled its revenue while its quick commerce offerings continued to receive bullish consumer ...
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Zomato Q2 Results: Revenue grows by nearly 70%; Board approves ₹8,500 crore fund raise
In a letter to the shareholders, the management of Zomato said that it has approved raising funds to strengthen its balance ...
India's Zomato misses Q2 profit estimates, hurt by store expansion costs
Indian food and grocery delivery firm Zomato reported a smaller-than-expected rise in second-quarter profit on Tuesday as the ...
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Zomato allots nearly 20 lakh equity shares in ESOPs ahead of Q2 results
Zomato undertook ESOP allotments worth Rs 52.5 crore just hours before it releases its second quarter results.