Zomato shares fell 5.1% after disappointing Q3 FY25 results, with a 57% YoY drop in net profit. The quick-commerce unit, Blinkit, continues to incur losses despite expansion plans. Brokerages gave mixed ratings, with targets ranging from Rs 130 to Rs 320. Analysts urge Zomato to improve profitability amidst competitive pressures and slowing growth. Zomato shares fell 5.1% after disappointing Q3 FY25 results, with a 57% YoY drop in net profit. The quick-commerce unit, Blinkit, continues to incur losses despite expansion plans. Brokerages gave mixed ratings, with targets ranging from Rs 130 to Rs 320. Analysts urge Zomato to improve profitability amidst competitive pressures and slowing growth. Economic Times
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