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Shares of Zomato have plunged over 30% since early December 2024, mainly due to a 57% year-on-year drop in consolidated net profit for the December quarter. Zomato attributed the weaker numbers to ...
Shares of quick-commerce companies Swiggy and Zomato continued to slide, dropping an additional 3% on January 22, amid growing concerns about escalating competition in the sector. These worries gained ...
Zomato share price fell after its net profit plummeted by 57.24% to ₹59 crore, compared to ₹79 crore during the same quarter of the previous year Zomato share price: Zomato Ltd shares ...
New Delhi, Jan 21 (PTI) Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57.2 per cent drop in consolidated ...
Zomato share price slumped over 9% in Tuesday's session following weak results for the December 2024 quarter (Q3). Zomato on Monday announced that its consolidated net profit for the December ...
This decline followed disappointing quarterly results from its primary competitor, Zomato, which raised concerns among investors about the broader food delivery sector. The sharp fall marked the ...
Shares of food delivery aggregator Zomato Ltd., ended over 7% lower on Monday, January 20, after the company reported its December quarter results, in which it expected further losses for its quick ...
According to Zee Business estimates, Zomato’s consolidated revenue is expected to rise by thirteen point nine percent sequentially to Rs 5465 crore from Rs 4799 crore in Q2FY25. Blinkit, Zomato’s ...
Pic: AP Image: Mr Trump is sworn in by Chief Justice Roberts. Pic: AP Image: Vice president JD Vance is sworn in Image: Applause for Donald Trump as he makes his inaugural speech. Pic: Reuters ...
Shares of Zomato and Swiggy have sharply declined up to 23% amid stiff competition in the quick commerce market. Analysts suggest that rising costs and intense competition may affect profitability, ...
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