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India's Zomato misses Q2 profit estimates
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 investments on growing "dark stores" used to fulfill online orders on its Blinkit quick commerce platform.
Zomato Q2: Blinkit is under margin pressure due to store expansion
Zomato does not expect any significant improvement in the operating profit margins in the near term given the rollout of stores and warehouse infrastructure.
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 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.
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The Financial Express
3h
Q2 Results 2024: Paytm, Adani Green, Zomato, Varun Beverages, Shoppers Stop, others releasing Q2 report today
Today, companies like Bajaj Finance, Adani Green Energy Limited, Zomato, Varun Beverages, ICICI Prudential Life Insurance ...
Business Wire
10h
Logitech Announces Q2 Fiscal Year 2025 Results
SIX Swiss Exchange Ad hoc announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today ...
ktvq
1h
Q2 Billings Area Weather: A cooler Tuesday
BILLINGS — A cold front passing through the area will cool daytime temperatures down on Tuesday with highs in the mid-50s to ...
10m
M&M Finance Q2 FY25 results: Net profit rises 57% to Rs 369 crore
The NII margin of the company remained flat at 6.5 per cent. The cost of funds rose marginally to 6.5 per cent in Q2 FY25 ...
cnbctv18
1h
Olectra Greentech Q2 Results | Electric bus pioneer sees 156% jump in net profit, revenue up 71%
Olectra Greentech reported a 156.45% YoY jump in net profit at ₹47.7 crore for the second quarter that ended September 30, ...
ktvq
14h
Q2 Billings Area Weather: Suddenly it looks like a better chance for rain midweek
A slight chance for showers overnight tonight. But a bit better chance for at least light rain is Wednesday night and ...
4h
Zomato Q2 results: Profit rises 5x to Rs 176 crore, revenue up 69%
The company has also received approval from its board of directors to raise up to Rs 8,500 crore via QIP of equity shares ...
cnbctv18
47m
Indus Towers Q2 Results | Net profit zooms 72% to ₹2,224 crore, revenue up 5%
At the operating level, EBITDA jumped 42% to ₹4,907 crore in the second quarter of this fiscal. Shares of Indus Towers Ltd ...
ABP Live on MSN
3h
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 ...
9h
on MSN
Paytm Q2 Results: Fintech swings to black with Rs 928 crore profit vs YoY loss
Fintech company One 97 Communications, which operates the payments platform Paytm on Tuesday, reported a consolidated profit ...
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