Zomato Shares Drop 12.78% After Q3 Results

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SUMMARY

Zomato shares plummeted 12.78% to INR 210.15 intraday on BSE, with the stock trading at INR 220.20 as of 12:20 PM

The foodtech major’s consolidated net profit declined 57.2% YoY to INR 59 Cr in Q3 FY25, and fell 66% QoQ from INR 176 Cr

Operating revenue surged 64% YoY to INR 5,405 Cr with consolidated adjusted EBITDA rising 120% YoY to INR 285 Cr, despite higher quick commerce losses

Shares of Zomato fell as much as 12.78% to INR 210.15 during intraday trading on the BSE today (January 21) after the company announced…



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Zomato Shares Drop 12.78% After Q3 Results


SUMMARY

Zomato shares plummeted 12.78% to INR 210.15 intraday on BSE, with the stock trading at INR 220.20 as of 12:20 PM

The foodtech major’s consolidated net profit declined 57.2% YoY to INR 59 Cr in Q3 FY25, and fell 66% QoQ from INR 176 Cr

Operating revenue surged 64% YoY to INR 5,405 Cr with consolidated adjusted EBITDA rising 120% YoY to INR 285 Cr, despite higher quick commerce losses

Shares of Zomato fell as much as 12.78% to INR 210.15 during intraday trading on the BSE today (January 21) after the company announced…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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