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Zomato shares touch 52-week high after December quarter earnings

Zomato Ltd reported a consolidated net profit of Rs 138 crore in the third quarter ended December 31, 2023, on the back of accelerated growth of quick commerce and steady performance of its core business. ....

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Q3 result: Zomato logs third straight quarter of profit at Rs 138 crore, revenue up 69%

In a letter to shareholders, Zomato s management said that the company s improving margins have been driven by factors like greater ad monetisation and introduction of platform fees. ....

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Zomato Q3 Results: Company's Net Profit Surges To 283 pc - Details

Zomato, the food delivery company, has reported a substantial surge in net profit, witnessing a nearly fourfold increase (283%) quarter-on-quarter to reach Rs 138 crore. This marked turnaround from the same period last year when the company posted a loss of Rs 34.7 crore., Companies News, Times Now ....

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blinkit ad revenue q3: Blinkit's revenue from ads sees over threefold surge in Q3

During the third quarter, Blinkit said its growth was faster than the year-on-year increase in its gross order value (GOV). Blinkits GOV for the quarter ended December 31 doubled to Rs 3,542 crore. ....

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RBI says Paytm's non-compliance forced action; Zomato's Q3 report card

Without naming a specific entity, RBI Governor Shaktikanta Das said the regulatory action was driven by a “lack of compliance”. ....

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