Blinkit powers Zomato’s Q2 growth, brokerages bullish on stock
Zomato’s stock rallied following its Q2 FY25 earnings, revealing a net profit of ₹36 crore compared to a ₹251 crore loss in the same quarter last year. The company saw revenue spike 72% to ₹2,848 crore, driven by significant growth in its quick commerce arm, Blinkit. Blinkit’s contribution-positive status for the first time has transformed […]