The company's revenue, too, increased 62.2 per cent year-on-year (YoY) to Rs 1,661 crore in Q2FY23 as against Rs 1,024 crore in Q2FY22
CLOSING BELL: Barring minor downtick in the Nifty Auto, FMCG, and PSU Bank indices, all other sectoral indices advanced on the bourses. The Nifty IT index led from the front with around 4% surge
Shares of new-age tech companies like Nykaa, Paytm and Zomato have fallen up to 68% from their listing prices. As they struggle with profitability, should investors keep these stocks on radar?
Stocks to watch today: LIC, M&M, Adani Power, Hindalco Industries will report the July-September (Q2FY23) quarter results on Friday, November 11
This is the first quarter where the food aggregator crossed the billion-dollar mark in annualized revenue, Zomato revealed
Revenue from operations rose to Rs 1,661 crore from Rs 1,024 crore
CLOSING BELL: Hero MotoCorp, HDFC Bank, Kotak Bank, ONGC, Bharti Airtel, and Dr Reddy's Labs, meanwhile, eked out gains up to 2.6 per cent
Stocks to watch today: Adani Green, Zomato, Eicher Motors will report the July-September (Q2FY23) results on Thursday, November 10; Bharat Forge's subsidiary bagged export order worth $155.5 million
Company to soon roll out delivery bags with this number printed on them, says no penalty on riders for delay in delivery, no rewards for reaching order on time
Stocks to Watch today: Bharti Airtel's (Airtel's) consolidated net profit jumped 89% year-on-year (YoY) to Rs 2,145 crore in the second quarter (Q2) of 2022-23, led by strong revenue growth
200,000 job opportunities created between Sep 1 and Oct 27; business development, telemarketing and sales among categories with highest number of vacancies
From rigourous edits at the drawing board to stronger indemnity clauses in contracts and tracking trending topics on social media, agencies are doing all they can to tackle the issue head-on
Amid reports about hundreds of restaurants delisting from Swiggy Dineout, sources said only 20 brands with nearly 400 outlets have delisted from Swiggy's dining out platform
Goyal and other senior execs of the firm wear the official red Zomato t-shirt once a quarter and deliver orders, revealed Sanjeev Bikchandani of Naukri.com and an investor in Zomato
The average trading volumes on the counter more-than-doubled with a combined 155.71 million shares changing hands on the NSE and BSE till 02:59 PM
Stock to watch today: Nykaa's board meeting will be held on October, 3 to consider and approve the issuance of bonus shares
According to the firm, scaling up Intercity Legends to more cities will be incremental as demand increases.
Zomato said that its inter-city food delivery will start making profit even at "a slight scale" amid concerns of the service being a logistical nightmare and a high cash-burn model
The delivery giant also offers Rs 5,000 worth of Out-Patient Department (OPD) support, which can be extended to their families
The new appointments are part of building the magicpin organisation as it prepares for its next phase of growth, and span product, marketing, technology and operations