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1 min read
Zomato posts Q4 consolidated net profit at ₹175 crore
Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…
PTI
2 mins read
Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%
Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…
2 mins read
Zomato hikes platform fee to ₹4 across key cities after bumper NY Eve
Buoyed by record food orders on New Year's Eve, food delivery platform Zomato increased its mandato…
1 min read
Zomato continues to remain profitable in Q2; shares soar 10%
Food aggregator and delivery company Zomato continued to be profitable for the second straight quar…
ANI
1 min read
Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%
Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…
4 mins read
The street is not 'Blinking' on Zomato anymore
Zomato has delivered more than profits to the table in the first quarter. It’s a rare new-age compa…
4 mins read
With Zomato rallying over 25% in the past month, street looks at the road ahead
Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…
4 mins read
Analysts upbeat on Zomato’s profitability after company beats Q4 estimates
$ZOMATO.NSE Looks Bullish on Chart Cup & Handle Pattern in formation Potential 16 Pts Deep Cup…
3 mins read
Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors
Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…
4 mins read
Block deal bonanza for investors as bull run continues
Indian stock market indices are scaling new highs every day with the Nifty having scaled Mt 21,000 …
7 mins read
A billion little pieces: Unicorns lose bragging rights as funding winter deepens
A unicorn, by its very definition, is a rare creature only to be found in myths and fairytales. Not…
3 mins read
Zomato’s path to profitability in the next three years requires two things, say analysts
$ZOMATO.NSE Zomato delivers the food on time, But no good returns to its holders, structure at mo…
4 mins read
Startups with small profit pools should think twice before launching their IPOs
There’s a new word that has entered the lexicon of startups – profitability. During the pandemic, w…
3 mins read
Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY
Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…
4 mins read
Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%
Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …
3 mins read
Zomato’s Blinkit buy is a poison pill that will burn cash and delay profits
Zomato today said that it will acquire Blinkit Commerce (formerly known as Grofers India) for a …
4 mins read
Shinier Zomato Gold, better commissions makes analysts bullish in the long term
Zomato’s stock has been under the pump in 2023, declining by over 12% while the benchmark Nifty50 i…
3 mins read
Qmin has been profitable business for IHCL from day one, says Jehangir Press
Indian Hotels, the operator of Taj Hotels, launched its food delivery platform Qmin two years ago. …
1 min read
Over 100 Blinkit dark kitchens shut in Delhi-NCR due to delivery boys' strike
Zomato-owned quick commerce platform Blinkit has shut down over 100 dark kitchens in Delhi, Gurugra…
5 mins read
No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance
Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …