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Food and grocery delivery company Zomato reported a steep 57% year-on-year (YoY) fall in net profit for the October-December period at Rs 59 crore, as its quick commerce unit Blinkit stepped up on ...
After these top stories from our newsroom: Last quarter, Zomato got a deferred tax boost of INR 17 Cr to eke out INR 2 Cr in profit ... soon be able to sustain Blinkit and other verticals ...
Of course, Zomato is not the first consumer services (B2C) tech company to report a profit ... March 2023. Blinkit CEO Albinder Dhindsa is confident of reviving this after the blip of delivery ...
it now makes a profit of Rs 10 per order. For Blinkit, data showed 100 new customers stayed back after three to four months and that was better than Zomato—plus the order magnitude was 2x and ...
Zomato recently rebranded itself as Eternal Ltd. Under the Eternal Ltd. umbrella, the company manages Zomato, Blinkit, Hyperpure and District.
Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure. "...We wish to inform you that the Registrar of Companies, Ministry of Corporate Affairs (MCA ...
Eternal comprises of four major businesses – Zomato, Blinkit, District, and Hyperpure The company had earlier said this rebranding is in line with its strategy to move beyond food delievery.
The Deepinder Goyal-owned Zomato, which also has Blinkit and Hyperpure under its belt, was the biggest loser among the two. Zomato shares declined by 5.29 per cent or Rs 11.79 per share.
Stock hits Rs 189 as Rinshul Chandra resigns while Q3 net profit falls 57 per cent despite 65 per cent revenue growth Shares of food delivery major Zomato plunged as much as 9.99 per cent to an ...
Companies like Zepto and Zomato-owned Blinkit, along with standalone players such as Accel-backed Swish, have entered the market. The launch of 10-minute food delivery by Zomato and Swiggy has ...