India's Zomato misses Q2 profit estimates
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.Its consolidated net profit rose nearly five-fold to 1.
Zomato Q2: Blinkit is under margin pressure due to store expansion
Zomato does not expect any significant improvement in the operating profit margins in the near term given the rollout of stores and warehouse infrastructure.
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Business News LIVE Updates Today October 22, 2024: Zomato misses Q2 profit estimates, hurt by store expansion costs
Zomato reported a nearly five-fold profit increase to 1.76 billion rupees but missed forecasts. The firm is raising 85 billion rupees via shares a
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 company added more new stores, which weighed on margins. Its consolidated net profit rose to 1.
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: Profit rises 5x to Rs 176 crore, revenue up 69%
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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 ...
Zomato reports 389% jump in Q2 profit to Rs 176 Cr
Food delivery behemoth Zomato posted an astounding 389% year-over-year increase in net profit for the second quarter of FY25, ...
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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 ...
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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 ...
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 ...
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 ...