Zomato Q3 Results: Profit dips significantly to Rs 59 crore on continued store expansion, revenue up 64.39% YoY
- Posted on January 20, 2025
- By Financial Express
- 2 Views
Zomato Q3 Results: Profit dips significantly to Rs 59 crore on continued store expansion, revenue up 64.39% YoY
Zomato recorded fiscal third quarter earnings with profit dropping significantly to Rs 59 crore. Zomato said that its margins continued to face pressure from increased spending on opening more centres to fulfill orders at its Blinkit platform.
