Kotak Institutional Equities had initiated coverage on Swiggy on Monday with a "buy" rating and a price target of ₹500.
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 ...
Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...
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.
Swiggy, the leading food delivery and quick commerce platform, is expected to experience a sequential rise in revenue during ...
ICICI Securities has said that Zomato may have lost market share in the food delivery segment in Q3 FY25 amid rising competition.
Zomato Q3 Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s reported a drop of 57 per cent in net profit to ₹57 crore in the December quarter (iStock photo ...
The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results ...
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 ...
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 ...
Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ...