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Zomato shares crashed 15% after Q3 results: why analysts are divided

Invezz Wednesday, 22 January 2025 ()
Zomato shares crashed 15% after Q3 results: why analysts are dividedIndia’s food delivery giant, Zomato’s share price crashed after the company posted its earnings report for the quarter ended December earlier this week. Zomato’s stock has slumped over 15% this week. Zomato reported a 57% decline in its consolidated net profit for the December quarter, posting ₹59 crore compared to ₹138 crore in the same […]
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