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India's Zomato misses Q2 profit estimates
India's Zomato misses Q2 profit estimates, hurt by store expansion costs
Indian food and grocery delivery firm Zomato reported a smaller-than-expected rise in second-quarter profit on Tuesday as the company added more new stores, which weighed on margins. Its consolidated net profit rose to 1.
LIVE
Business News LIVE Updates Today October 22, 2024: Zomato misses Q2 profit estimates, hurt by store expansion costs
Zomato reported a nearly five-fold profit increase to 1.76 billion rupees but missed forecasts. The firm is raising 85 billion rupees via shares a
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,
19m
Zomato readies war chest, to raise 8,500 crore via QIP
MUMBAI: Amid its rival Swiggy's upcoming $1.2 billion IPO, which could potentially go up to about $1.4 billion, Zomato is ...
15h
on MSN
India’s Zomato to raise $1B ahead of rival Swiggy’s IPO
Zomato said on Tuesday its board had approved the company's proposal to raise $1 billion through a so-called qualified ...
ABP Live on MSN
1h
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 ...
thetechportal.com
14h
Zomato posts strong Q2’25 numbers, uptick in net profit and revenues
Zomato announced its Q2 2025 numbers today, for the quarter ending September 2024, with surge in profits and revenue alike.
2h
Zomato Q2 Results: Net profit jumps 389% YoY, board approves fund raising up to ₹8,500 crore via QIP | Key Highlights
Zomato Ltd reported a 389% rise in Q2FY25 net profit to ₹176 crore, up from ₹36 crore last year. Revenue reached ₹4,799 crore ...
inc42
14h
Zomato Gets Board Nod To Raise INR 8,500 Cr Via QIP
Zomato has received its board’s nod to raise up to INR 8,500 Cr (about $1 Bn) via qualified institutional placement (QIP).
8h
Zomato reports 389% jump in Q2 profit to Rs 176 Cr
Food delivery behemoth Zomato posted an astounding 389% year-over-year increase in net profit for the second quarter of FY25, ...
Outlook Business
14h
Zomato's Q2 FY25 Net Profit Jumps to Rs 176 Crore, Up 389% from Last Year
The company's board has approved a Rs 8,500 crore fundraising plan via a qualified institutional placement (QIP) of equity ...
13h
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 ...
inc42
6h
Going Out Shines For Zomato In Q2, ‘District’ Launch In 4 Weeks
Foodtech major Zomato released its financial results for the second quarter (Q2) of the financial year 2024-25 (FY25) on ...
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