Zomato's quick commerce unit Blinkit is accelerating its expansion and expects continued losses as competition intensifies in ...

A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore ...

Zomato's third-quarter profit dropped by 57% to Rs 590 million due to increased spending on its quick commerce platform, ...

Zomato announced their Q3 earnings and the stock has tanked over 7% before the final bell. The net profit slipped by 57.2% at ...

Food delivery major Zomato, which owns Blinkit, on Monday (January 20, 2025) reported a 57.2% decline in consolidated net ...

Food delivery upstart Zomato has reported financials for Q3'25. While along expected lines, Blinkit still reported losses as ...

Blinkit will see its margins flatline around 18 percent. "...heightened competition has led to a pause in margin expansion in ...

Blinkit, owned by Zomato, incurred an Ebitda loss of Rs 103 crore in the October-December quarter due to its rapid expansion ...

Zomato attributed the dip in profit to higher investments aimed at quickening the pace of store openings and acquiring new ...

Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 ...

Zomato expects to operate at a loss over the next year due to a slowdown in food delivery demand and accelerated investments ...