Zomato's Q2 profit soars 389% but shares take a hit. Was it a culinary delight or a stock market disaster?
So, what’s the takeaway from Zomato's latest earnings rollercoaster? Both investors and foodies can take heart in the remarkable profit growth the company is witnessing; it proves that our love for food delivery isn’t waning. Interestingly, as we indulge in our favorite dishes via apps like Zomato, let’s remember that the tech and food industry can sometimes feel like a spicy curry—unexpectedly hot and full of surprises! Lastly, did you know that Zomato is now present in over 24 countries, serving millions of customers daily, proving they are a staple in the modern dining experience? As we watch this company navigate through market expectations, one thing is for sure—their growth trajectory will be a feast for investors' eyes!
Zomato Share Price: Zomato's second-quarter profit surged 389% YoY to Rs 176 crore, below market estimates. Revenue climbed 68% to Rs 4799 crore driven by ...
Zomato Q2 Results: Zomato Ltd reported a 389% rise in Q2FY25 net profit to ₹176 crore, up from ₹36 crore last year. Revenue reached ₹4799 crore, ...
Zomato reported a 388 per cent year-on-year rise in second quarter net profit at Rs 176 crore, from Rs 36 crore in the year ago period.
Food delivery aggregator Zomato Ltd. reported its September quarter results on Tuesday, October 22. The company reported a net profit for the fifth quarter ...
Zomato shares have delivered strong returns across various time frames. Over the past three months, the stock gained 17.64%, while rising 36.76% in the last ...
The company's board has approved a Rs 8500 crore fundraising plan via a qualified institutional placement (QIP) of equity shares.
Zomato Q2 FY25: During the quarter under review, profit came at Rs 176 crore as against Rs 36 crore in the year-ago period. However, profit slipped by 30.44 ...
Zomato shares dropped 5% after Q2 profits fell short of expectations. Despite a 389% year-on-year profit increase, analysts expected higher figures.
Zomato share price: Last checked, the stock was up 2.50 per cent at Rs 262.60. At this price, it has delivered multibagger returns to investors by rallying ...
Zomato share price: The early selloff was driven by mixed brokerage insights, despite an overall bullish outlook on the stock.
Shares of Zomato Ltd. have doubled investors' wealth over the past 12 months.