Zomato’s Q3 FY25 net profit dropped 57% to ₹59 crore from ₹138 crore last year. Revenue jumped 64% year-on-year to ₹5,404 crore. Blinkit, Zomato’s quick commerce arm, reported a ₹30 crore loss but plans to reach 2,000 stores by December 2025. Zomato shares fell 2.5%, now trading 1.1% lower at ₹246.
Analysis: The profit drop was due to higher growth investments in Quick Commerce. Zomato’s food delivery saw 3.9% sequential order growth. Blinkit recorded a 22.2% sequential growth. Even with Blinkit’s losses, Zomato’s core business performed well.
Outlook: Analysts expect Zomato to grow, driven by strong performance and rapid store expansions. However, aggressive expansion and quick commerce competition may impact margins. Investors are cautiously optimistic about Zomato’s future, balancing growth investments with profitability. The market will watch Zomato’s store expansion and Blinkit’s financial performance.
