Y/e 31 Mar( In .Cr) | Mar-2022 | Mar-2021 |
---|---|---|
Revenue | 3,611 | 1,713.9 |
yoy growth (%) | 110.68 | |
Raw materials | 0 | 0 |
As % of sales | 0 | 0 |
Employee costs | -1,479 | -578.4 |
As % of sales | 40.95 | 33.74 |
Other costs | -3,759.4 | -1,469.8 |
As % of sales (Other Cost) | 104.1 | 85.75 |
Operating profit | -1,627.4 | -334.3 |
OPM | -45.06 | -19.5 |
Depreciation | -133.4 | -128.9 |
Interest expense | -5.5 | -7.9 |
Other income | 497.5 | 131.9 |
Profit before tax | -1,268.8 | -339.2 |
Taxes | -0.2 | 0 |
Tax rate | 0.01 | 0 |
Minorities and other | 0 | 0 |
Adj. profit | -1,269 | -339.2 |
Exceptional items | 171 | -546.8 |
Net profit | -1,098 | -886 |
yoy growth (%) | 23.92 | |
NPM | -30.4 | -51.69 |
Amid criticism and demand for clarification, Zomato stated that the fee hike is a routine business decision that varies by city.
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Blinkit's service reflects a growing trend in quick commerce, expanding offerings beyond groceries to include apparel, home appliances, beauty products, and electronics.
According to the filing, Zomato's Nomination and Remuneration Committee approved the grant via a circular decision.
Here are some of the stocks that may see significant price movement today: Welspun Enterprises, IDFC First Bank, Dr Reddy’s Laboratories, etc.
The acquisition, valued at approximately ₹2,048 Crore, is part of Zomato’s strategy to expand its going-out business and introduce new services.
Paytm shares jumped 2.5% on the BSE to a day high of Rs 559.65, while Zomato shares increased roughly 1% to Rs 257.80.
In its second version, the company modified the model to transport pre-stocked commodities from other locations in a quicker time frame.
According to the terms of the agreement, the entertainment ticketing services will stay available on the Paytm app for up to 12 months.
According to sources, the block deal's floor price is ₹251.68 per share, a 4% decrease from Zomato's closing price on Monday.
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