Delivery costs take a bite out of Wow! Momo’s bottom line
By
Binu Mathew
Despite clocking strong revenue growth in the last financial year, quick service restaurant (QSR) chain Wow! Momo is struggling to narrow its losses, as a growing share of revenue from food delivery, now at 45%, continues to squeeze its margins. The company’s losses have remained largely around Rs 114 crore since FY23, while revenue has risen nearly 50% between FY23 and FY25.
