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ZOMATO FINANCIAL RESULTS
Critical Stage: India's concert boom has a venue problemIndia's booming live entertainment scene, evidenced by massive ticket sales for global and local artists, faces a critical hurdle: a severe...- Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
- Man who supported family through delivery job cracks FMS Delhi: 'Computer crashed during my final CAT attempt but I still achieved my dream'A Reddit post by a student who worked as a Zomato delivery boy, sold books in Delhi’s Daryaganj market, and gave tuition classes to support...
- ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
- Mamaearth parent Honasa Consumer may become first new-age company to announce dividendHonasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first...
- Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
- Why market fell today? Sensex slumps 583 pts, Nifty below 24,000; 7 key triggersIndian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven ...
- Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Eternal eyeing $1 billion in adjusted EBITDA by FY29, says Deepinder Goyal in shareholder letterEternal founder Deepinder Goyal says the company reached adjusted EBITDA profitability in FY24 after 16 years and targets $1 billion by FY2...
- From Meerut to Mysuru: Amazon Now bets on non-metro markets. What lies ahead?Amazon is aggressively expanding its quick commerce operations into Tier II and Tier III cities with a significant investment and over 1,00...
- Most hated stocks: FIIs dumping these 146 companies without a break for 4 straight quarters. Do you own any?Foreign institutional investors have been consistently selling shares in 146 Indian companies for four consecutive quarters. This selling s...
- Zomato hikes platform fee to Rs 12 ahead of festive seasonZomato has increased its platform fee to Rs 12, following Swiggy's hike to Rs 14 amidst rising festive season demand. Both companies are fa...
- Eternal Q1 Results Preview: PAT may fall up to 70% YoY amid margin hit. 5 things to watch out forEternal, which operates Zomato, is expected to report a sharp year-on-year decline in Q1FY26 PAT due to continued losses in Blinkit and hig...
- Zomato shares crack 11% after Q3 PAT falls 57% YoY. Should you buy, sell or hold?Why Zomato Share is Falling Today: Zomato share price dropped by 11.43% after reporting a 57% decline in Q3 net profit to Rs 59 crore. Reve...
- Zomato Q3 Results Preview: Revenue may jump 66% YoY; rapid store additions to aid Blinkit growthZomato is expected to report strong Q3FY25 growth, with a 66% YoY revenue increase, driven by food delivery and Blinkit’s expansion. Blinki...
- Zomato shares slip over 2% after company gets Rs 803 crore GST noticeZomato's shares fell nearly 2.6% after a Rs 803 crore GST demand notice. The company plans to appeal the order, asserting a strong case. Th...
- Macquarie raises Zomato target prices but remains bearishMacquarie raises Zomato's target price to Rs 130 but maintains an 'underperform' rating due to growth risks. Zomato's competitor Swiggy als...
- Some brokerages cut Zomato price targetJefferies has cut its price target on Zomato to ₹120 from ₹175 while maintaining a buy rating. Credit Suisse has lowered target price to ₹1...
- Ant Financial puts another $210 million in ZomatoThe deal would value the Gurgaon-based company at around $2 billion.
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