Zomato Q2 results: Profit rises 5x to Rs 176 crore, revenue up 69%
18 hours ago · Food aggregator platform Zomato on Thursday reported a consolidated profit of Rs 176 crore in the second quarter (Q2) of financial year 2024-25 (FY25), up almost 5x from Rs 36 crore a year ago. Profits, however, declined sequentially by 30 per cent from Rs 253 crore in Q1. Zomato’s revenue from ...
India's Zomato to raise $1B ahead of rival Swiggy's IPO - Yahoo …
1 day ago · Zomato, which reported a profit of $20.9 million on revenue of $570 million (up 70% year-on-year) in the quarter ended September, faces intense competition from Swiggy, Zepto, and BigBasket.
Zomato Q2 Results: Net profit jumps 389% YoY, board approves …
19 hours ago · Zomato Q2 Results: Zomato Ltd reported a 389% rise in Q2FY25 net profit to ₹176 crore, up from ₹36 crore last year. Revenue reached ₹4,799 crore, a 68.5% increase. However, net profit ...
Zomato Share Price: Zomato shares in focus ahead of Q2FY25 …
1 day ago · Zomato Share Price: Zomato shares are set to gain attention as the company announces its Q2FY25 earnings today. Expected net profit could jump between 585% and 662% YoY, with revenue growth between 61% and 80%. While Nuvama and ICICI Securities have varying projections, both predict significant revenue boosts driven by strong volume growth in food delivery and associated businesses.
Zomato Q2 results: Net profit posts ₹176 cr, board approves …
17 hours ago · Zomato said that gross order value across its B2C businesses improved to 55 per cent year-on-year at ₹17,670 crore. While food delivery GOV was up 21 per cent, quick commerce business reported ...
Zomato q2 results: Zomato likely to post robust Q2 nos with 7x …
2 days ago · Online food delivery platform Zomato is slated to release its second quarter (Q2FY25) results on Tuesday, October 22, 2024. Ahead of the results, brokerages tracked by Business Standard have estimated Zomato's profit after tax (PAT) on an average to see a robust increase of 749 per cent year-on-year (Y-o-Y) to Rs 305.67 crore in the second quarter as compared to Rs 36 crore a year ago.
Zomato to raise ₹8,500 cr via QIP as it braces for intensifying ...
17 hours ago · Blinkit, formerly Grofers that Zomato acquired in 2022, reported a 129% jump in revenue from operations to ₹ 1,156 crore, with dark store count totalling 791 at the end of the quarter, according ...
Zomato to raise Rs 8,500 cr to bolster cash reserves, ensure level ...
18 hours ago · Zomato's cash balance has reduced from Rs 14,400 crore to about Rs 10,800 crore, mainly on account of losses in its quick commerce arm, Blinkit and the acquisition of Paytm’s entertainment and ...
Zomato board approves raising ₹8,500 crore via QIP: CNBC
19 hours ago · Besides, Zomato also declared its September quarter results today (October 22). Based on its current shareholding pattern, the current foreign holding for Zomato stands at 50.48%, with 5.25% classified as Foreign Direct Investment (FDI) and the rest as FII. Shares of Zomato Ltd. settled 3.44% lower on Tuesday at ₹256.55.
India's Zomato rockets to all-time high as Blinkit delivers stellar ...
Aug 2, 2024 · Shares of India's Zomato surged as much as 19% to a record high on Friday, a day after the food delivery company's first-quarter profit blew past expectations, powered by strong growth in its...