Quick commerce leader Blinkit is accelerating its expansion and expects continued losses as competition intensifies in India's instant delivery market. Blinkit is accelerating its expansion and expects continued losses as competition intensifies in India's instant delivery market.

TechCrunch

United States

Blinkit signals costly battle ahead in Indian quick commerce market

Zomato Q3 Results: Its quick commerce Blinkit has recorded a loss of Rs 30 crore.

Media Bias/Fact Check

News18 India

Mukesh Ambani

India

Zomato Q3 Results: Net Profit Declines By 57.2% To Rs 59 Crore Vs Rs 138 Crore A Year Ago; Shares Fall

A significant portions of Zomato's expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier.

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Hindustan Times

HT Media

New Delhi

Delhi Division

Delhi

Zomato Q3 2025 results: Net profit falls 57% despite 64% revenue rise, as expenses mount

Share Market Today: The S&P BSE Sensex gained 454.11 points to close at 77,073.44, while the NSE Nifty50 added 141.55 points to end at 23,344.75.

India Today

Living Media

Sensex, Nifty rally as banking stocks power markets higher; Zomato falls 7%

Zomato's Profit Downturn: Impact of Expansion on Financial Performance Zomato witnessed a significant decline in its stock value on Monday, plummeting nearly 4% after reporting a 57.2% drop in consolidated net profit for the December quarter.The company, a leading name in the food tech industry, attributed this downturn to aggressive store expansion aimed at supporting its quick-commerce platform, Blinkit.Despite experiencing growth in food deli…

Devdiscourse

Zomato's Profit Downturn: Impact of Expansion on Financial Performance

A competitive market means companies spend more on marketing, acquiring customers, discounts and more.

Moneycontrol

December quarter most competitive in last 2-3 years, says Blinkit's Albinder Dhindsa

Ad Fontes Media

Verizon Communications

Food aggregator giant Zomato Ltd. expects losses to continue in the near term after reporting a 30% decline in net profit that missed analysts' estimates."As we continue to bring forward store expansion, our networks may have to carry a greater load of under-utilised stores, which will impact near-term profits in the next one or two quarters," Zomato said in a post-earnings letter to its shareholders.These investments will also likely result in …

NDTV Profit

Zomato Expects Losses To Continue While Quick-Commerce Competition Brakes Blinkit Margin

Online food delivery giant Zomato reported a 57% decline in net profit (year-on-year) at Rs 59 crore in the third quarter (Q3) of FY25, down from Rs 176 crore during the same period last fiscal.

The Munsif Daily

Zomato Clocks 57% Net Profit Drop at Rs 59 Crore in Q3

Zomato’s share price fell by nearly 10% in early trade on Tuesday, following a significant 57.25% decline in net profit for the third quarter of FY25. At 01:15 pm, the stock was trading at ₹218.65, marking a sharp drop from the previous session. The company reported a net profit of ₹59 crore in Q3 FY25, a steep decrease from ₹138 crore during the same period last year. Despite this setback, Zomato’s revenue from operations rose to ₹5,405 crore, …

NewsX

Venod Sharma

Zomato Faces Sharp Decline In Net Profit: What Should Investors Know?

Jan 20, 2025 04:52 PM IST A significant portions of Zomato’s expenses came from purchases of stock-in-trade which grew to ₹1,510 crore from ₹783 crore earlier. 
Food delivery giant Zomato Ltd announced its third quarter results for the financial year 2024-25 on Monday, January 20, 2025. The logo of Indian food delivery company Zomato is seen on its app on a mobile phone displayed in front of its company website in this illustration picture taken…

Blinkit signals costly battle ahead in Indian quick commerce market

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