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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.
LIVE
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
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,
India's UltraTech Cement misses Q2 profit estimates on low prices, weak demand
India's UltraTech Cement reported a steeper-than-expected decline in second-quarter profit on Monday, hit by a slump in prices and demand in a seasonally weak quarter.
49m
Coforge Q2 profit rises to Rs 212 cr, revenue up 34% as order book grows 40%
Information technology company Coforge reported a nearly 17 percent rise in net profit to Rs 212 crore in the July-September quarter, up from Rs 181 crore a year back. Revenue fro ...
2h
Q2 Results 2024 LIVE Updates: M&M Finance net profit jumps 57% to ₹369 crore, revenue at ₹3,897 cr
Zomato reported a net profit of ₹176 crore for Q2, marking a substantial rise from ₹36 crore in the same quarter last year.
ABP Live on MSN
1h
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 ...
22h
Logitech Q2 Profit Beats View; Lifts FY Outlook
Logitech International S.A. (LOGI) reported that its second quarter net income rose to $145.48 million or $0.95 per share from ...
The Financial Express
6h
Bajaj Finance Q2 profit rises 13 per cent, misses view
BFL's assets under management grew 29% YoY to Rs 3.73 lakh crore. New loans booked were up 14% to 9.69 million. Total ...
3h
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 ...
inc42
16h
Zomato’s Q2 Profit Declines 30% QoQ To INR 176 Cr
Foodtech major Zomato’s consolidated net profit slumped 30% to INR 176 Cr in the September quarter (Q2) of the financial year ...
abp LIVE
1h
Adani Energy Solutions Q2 Results: Profit Increases Three-Fold To Rs 773 Crore
Total income also grew significantly, rising to Rs 6,359.80 crore during this period, compared to Rs 3,766.46 crore in the ...
12h
on MSN
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 ...
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