Zomato Ltd - 543320 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Zomato Limited ha informed the exchange about schedule of investor meet.17-11-2023
17-11-2023
Zomato Ltd - 543320 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Zomato Limited has informed exchange about transcript of earnings call held on November 3, 202310-11-2023
Buy Zomato; target of Rs 135: Motilal Oswal
Motilal Oswal is bullish on Zomato recommended buy rating on the stock with a target price of Rs 135 in its research report dated November 04, 2023.07-11-2023
Zomato Ltd - 543320 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Zomato Limited has informed the exchange about extract of newspaper publication- financial results for the quarter and half year ended on September 30, 202305-11-2023
Discounts are not very big, they only appear so,' admits Zomato CEO Deepinder Goyal
During a candid discussion with YouTuber Ranveer Allahbadia on his podcast 'The Ranveer Show,' Goyal was questioned about how Zomato can provide substantial discounts to its customers.04-11-2023
Zomato Ltd - 543320 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Zomato Limited has informed the Exchange about link of audio recording of earnings conference call.03-11-2023
Zomato Posts Surprise Profit In Q2, Expects More In Festive Season
Zomato posted its second straight quarterly profit today, an unexpected result that was driven by higher food delivery orders that the company expects will be even higher in the ongoing festive season.03-11-2023
Zomato-owned Blinkit turns contribution positive in Q2, adjusted EBITDA margin improves
Even the average order value (AOV) jumped from Rs 582 to Rs 607 in Q2FY24, largely because of high value items like iPhones and others.03-11-2023
Q2FY24 Quarterly Result Announced for Zomato Ltd.
Internet Software & Services company Zomato announced Q2FY24 results: 1. Business Performance: - Zomato's business performance in Q2FY24 continued to show healthy growth across all its businesses. - The Gross Order Value (GOV) of the B2C businesses (food delivery, quick commerce, and going-out) grew by 47% YoY. - Adjusted Revenue witnessed a growth of 53% YoY. - Adjusted EBITDA improved to Rs 41 crore, compared to a loss of Rs 192 crore in the same quarter last year. 2. Food Delivery Growth: - Zomato's food delivery business showed strong growth with a 20% YoY increase in GOV. - The growth was primarily driven by an increase in order volumes and the growing adoption of the Gold program. - The average order value remained largely flat. 3. Quick Commerce (Blinkit): - Blinkit (quick commerce business) reported a 29% QoQ growth in GOV, bouncing back from temporary disruptions in the previous quarter. - The business has turned contribution positive for the first time, with an improved contribution margin of +1.3%. 4. Zomato Gold Program: - The Gold program has scaled to 3.8 million members within just three quarters since its launch, contributing ~40% to the food delivery GOV. - While Gold orders are currently less profitable than non-Gold orders, the contribution margin is expected to improve over time. 5. Growth Drivers in Food Delivery: - Zomato expects growth in monthly transacting customers (MTC) and monthly ordering frequency to be the key drivers of order volume growth in the food delivery business. - The company aims to increase the MTC base and add new customers every month to drive continued growth. 6. Blinkit's Growth Potential: - Zomato expects Blinkit's GOV to become multiple times larger than Zomato's GOV in overlapping cities. - The profitability of Blinkit's store and city operations is improving, making it a larger opportunity than food delivery. Result PDF03-11-2023
Zomato Ltd - 543320 - Results For The Quarter And Half Year Ended September 30, 2023
Zomato Limited has filed with exchange un-audited financial results for the quarter and half year ended September 30, 2023.03-11-2023