Zomato Ltd News

Zomato net loss triples to Rs 360 crore in Q4, revenue rises 75%_65742

Food delivery firm says it has expanded to more than 300 new cities and it expects revenue growth to accelerate.

Zomato Q4 Results: Consolidated loss widens to Rs 360 cr as expenses mount_65666

Consolidated revenue from operations rose 75% to Rs 1,212 cr

Zomato Q4 results: what to look at in food-delivery firm's numbers tomorrow_65336

Zomato loss had narrowed substantially to Rs 63 crore for the third quarter ended December (Q3FY22) from a loss of Rs 352 crore in the year-ago period

Zomato's Goyal to donate Rs 700cr ESOP proceeds to Zomato Future Foundation_60350

Goyal was granted ESOPS by Zomato's investors and board based on his performance right before the company went public last year

Zomato, Policybazaar, Info Edge down up to 9%; hit 52-week lows_60313

Zomato (down 6 per cent to Rs 57.65) and Policybazaar (down 5 per cent to Rs 597.20) have their respective all-time lows since their stock market debut.

Zomato, L&T Infotech, Solara, TTML plunge over 25% in one month_59617

Shares of Zomato hit a new low of Rs 64.70, down 7 per cent on the BSE in Wednesday's intra-day trade

Zomato slips 46% so far in 2022 as FPIs, MFs trim stake in March quarter_57690

Shares of food delivery company Zomato hit a new low of Rs 74.65, down 2 per cent on the BSE in Thursday's intra-day trade. The stock has dropped 6 per cent in the past two trading days.

Under fire from restaurants, Zomato pushes food policy deadline to May 3_53998

Zomato added that it would work closely with its restaurant partners to establish the genuineness of any complaint received

Food delivery apps Zomato, Swiggy hit by hour-long technical glitch_51329

Downdetector, a platform that collects status reports from a series of sources, recorded 3,619 reports of outage against Zomato at 2:05 PM and 771 against Swiggy at 2:21 PM

Zomato falls 5% on reports of CCI probe against unfair business practices_50665

In the past three months, Zomato has underperformed the market by falling nearly 40 per cent, as compared to a 0.4 per cent rise on the S&P BSE Sensex.

CCI to probe Zomato, Swiggy for alleged unfair business practices_50472

CCI said allegations such as delayed payment cycle, imposition of one-sided clauses and exorbitant commission require investigation

Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record_47729

54 companies plan to raise Rs 1.4 trillion in FY23 after 52 Indian corporates raised an all-time high Rs 1.11 trillion through initial public offers (IPOs) in FY22, Prime Database report said

Why the mega acquisition of Blinkit may give Zomato digestion problems_46772

Market sentiment, inadequate data and unsustainable unit economics are stacked against the acquisition plan and 10-minute food delivery.

Analysts see more pain ahead for FMCG stocks amid rising input costs_46465

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

Stocks to Watch: Infosys, TCS, Zomato, SBI, GMR Power, Zee, Karnataka Bank_46016

Post demerger, GMR Power and Urban Infra, the non-airport business company of the GMR Group, will start trading on BSE and NSE from Wednesday onwards.

Zomato in a spot as 10-minute delivery plan faces ire from all quarters_45965

Restaurants are, at the moment, averse to the 10-minute delivery plan

Zomato to test food delivery within 10 minutes in Gurugram next month_45494

To pilot service in Gurugram next month

Zomato CEO says 10-minute food delivery will soon be a reality: Here's how_45483

'Nobody in the world has so far delivered hot and fresh food in under 10 minutes at scale, and we were eager to be the first to create this category, globally,' says Deepinder Goyal

Zomato hits new life-time low on reports of merger talks with Blinkit_43872

The board of Zomato also approved acquisition of 16.66 per cent equity in Mukunda Foods for a consideration of $5 million.

After Zomato and Nykaa, shareholders vent ire on Paytm over ESOPs_37990

The three resolutions pertaining to ESOPs put to vote by the digital payments firm got over two-third 'against' votes from institutional investors