If we compare Swiggy with Zomato, two things stand out — first, its quick commerce business has lagged behind Zomato, whereas ...

Bernstein said that the Quick Commerce segment was impacted by the hyper competitive environment, leading to higher marketing ...

UBS maintained a 'Buy' rating on Swiggy stock with a target price of Rs 510, while Macquarie maintained an 'Underperform' ...

Food-delivery platform Zomato on Monday reported a 57 per cent drop in consolidated net profit to Rs 59 crore for the third ...

Swiggy reported its third quarter (Q3FY25) numbers on February 6, 2025, after market hours. In Q3, the company's consolidated ...

Nuvama Institutional Equities and Nomura Holdings anticipate Info Edge (India)'s billing growth to remain strong.

Zomato Ltd's Q3 FY25 net profit fell more than 57 percent year-on-year to Rs 59 crore, even as the food delivery firm's revenue for the quarter expanded 64 percent from the previous year.

Following the results, the stock price of the food and grocery delivery company took a hit on the bourses. At the close of trade on the NSE on Monday, it was down 7.3% at Rs 230.70.

Zomato shares dropped 9% after reporting a 57% decline in net profit for Q3FY25. Despite higher revenue, profitability was impacted due to a slowdown in food delivery demand. Analysts have mixed ...

Zomato Q3 Results: Deepinder Goyal-led food delivery app and hyperlocal quick commerce giant’s reported a drop of 57 per cent in net profit to ₹57 crore in the December quarter (iStock photo ...

FY25 results triggered a steep sell-off, wiping out Rs 44,620 crore in market cap over three days. Despite a 64% YoY revenue growth to Rs 5,405 crore, net profit plunged 57%, and higher expenses for ...

December quarter, Swiggy witnessed a stable increase in topline as well as an increase in expenses, dragging its P&L further ...