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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,
11h
on MSN
Zomato Q2 results preview: PAT likely to rise multifold, revenue to surge 63%, say analysts
According to experts, food delivery giant Zomato is anticipated to report a significant increase in both revenue and net ...
ABP Live on MSN
2h
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 ...
inc42
7h
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 ...
thetechportal.com
16h
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.
4h
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 ...
30m
Zomato stock earns bullish cheers on stellar Q2 earnings; brokerages bet big on Blinkit
Zomato’s Q2FY25 revenue surged to Rs 4,800 crore, driven by Blinkit, Hyperpure, and Going Out, with brokerages forecasting a strong upside for the stock.
cnbctv18
16h
Zomato Q2 Results: Revenue grows by nearly 70%; Board approves ₹8,500 crore fund raise
In a letter to the shareholders, the management of Zomato said that it has approved raising funds to strengthen its balance ...
16h
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 ...
Outlook Business
16h
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 ...
14h
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 ...
Your Story
16h
Zomato allots nearly 20 lakh equity shares in ESOPs ahead of Q2 results
Zomato undertook ESOP allotments worth Rs 52.5 crore just hours before it releases its second quarter results.
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