positive
Zomato Extends Profitability As New Verticals Support Growth
Food delivery platform Zomato reported a sharp year-on-year profit increase to ₹138 crore for the quarter, with revenue up 69%. Management highlighted sustained performance at Blinkit and Hyperpure, driving operating leverage and margin gains. The print reinforced visibility into profitability trends following earlier breakeven milestones. Analysts cautioned to track order frequency, delivery costs, and competitive incentives as the company invests in growth. The combination of expanded offerings and unit economics improvements underpinned optimism for continuing earnings momentum.
Companies:
- Zomato
Tags:
- startups
- earnings
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positive
Zomato Extends Profitability As New Verticals Support Growth
Food delivery platform Zomato reported a sharp year-on-year profit increase to ₹138 crore for the quarter, with revenue up 69%. Management highlighted sustained performance at Blinkit and Hyperpure, driving operating leverage and margin gains. The print reinforced visibility into profitability trends following earlier breakeven milestones. Analysts cautioned to track order frequency, delivery costs, and competitive incentives as the company invests in growth. The combination of expanded offerings and unit economics improvements underpinned optimism for continuing earnings momentum.
Companies:
- Zomato
Tags:
- startups
- earnings
1 min read
77 words
Zomato’s quarterly profit rose to ₹138 crore and revenue grew 69%, supported by Blinkit and Hyperpure. Investors focused on order frequency, cost discipline, and incentives shaping the profitability path.
Food delivery platform Zomato reported a sharp year-on-year profit increase to ₹138 crore for the quarter, with revenue up 69%. Management highlighted sustained performance at Blinkit and Hyperpure, driving operating leverage and margin gains. The print reinforced visibility into profitability trends following earlier breakeven milestones. Analysts cautioned to track order frequency, delivery costs, and competitive incentives as the company invests in growth. The combination of expanded offerings and unit economics improvements underpinned optimism for continuing earnings momentum.
Food delivery platform Zomato reported a sharp year-on-year profit increase to ₹138 crore for the quarter, with revenue up 69%. Management highlighted sustained performance at Blinkit and Hyperpure, driving operating leverage and margin gains. The print reinforced visibility into profitability trends following earlier breakeven milestones. Analysts cautioned to track order frequency, delivery costs, and competitive incentives as the company invests in growth. The combination of expanded offerings and unit economics improvements underpinned optimism for continuing earnings momentum.
Companies:
- Zomato
Tags:
- startups
- earnings
- startups
- earnings
- food delivery
- Zomato
- India