Shares of Zomato Ltd. slumped more than 13% on Tuesday after losses in the quick commerce segment caused the company’s earnings to fall short of analyst estimates.

Shares of Zomato plummeted 13 per cent to hit an intraday low of ₹207.80 on the NSE after the food delivery aggregator reported a 57.2 per cent decline in consolidated net profi t for the December quarter to ₹59 crore. The stock closed at ₹239.75 on the NSE on Monday.

The shares of the food delivery platform witnessed a sharp plunge of over 10% on Tuesday as investor sentiment dampened after the Q3 results

The largest food delivery online company, Zomato Ltd share price witnessed massive selling pressure on Tuesday, January 21, after it reported mixed performance in Q3 of FY25.

Foodtech major Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the year-ago quarter.

Shares of food tech unicorn Zomato plummeted 12 per cent in the morning trade on Tuesday after the food delivery aggregator reported a 57

Zomato share price dropped over 9% following a 57.2% decline in Q3 net profit to ₹59 crore. The company reported a revenue of ₹5,405 crore, while total expenses surged to ₹5,533 crore, reflecting challenges amid rapid expansion and demand slowdown.

The shares of online food delivery and quick commerce major, Zomato, took a major beating in the stock market on Tuesday. The company’s shares declined close to 10 per cent in the morning market hours following disappointing results declared for the third quarter on Monday.

Zomato shares fell another 8%, continuing the fall after the company reported its Q3 FY25 results. Brokerages are divided, with Bank of America predicting a 70% upside, while Macquarie forecasts a 40% downside.

Results: Food delivery company Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The revenue from operations in Q3FY25 stood at Rs 5,