{"id":869018,"date":"2024-10-23T08:20:33","date_gmt":"2024-10-23T02:50:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=869018"},"modified":"2024-10-23T08:28:07","modified_gmt":"2024-10-23T02:58:07","slug":"zomato-q2-results-net-profit-rises-to-rs-176-crore-misses-estimates","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/23\/zomato-q2-results-net-profit-rises-to-rs-176-crore-misses-estimates\/","title":{"rendered":"Zomato Q2 results: Net profit rises to Rs 176 crore, misses estimates"},"content":{"rendered":"<p>Indian food and grocery delivery firm Zomato reported a smaller-than-expected rise in second-quarter profit on Tuesday as the company added more new stores, which weighed on margins. <\/p>\n<p>Its consolidated net profit rose nearly five-fold to Rs 176 crore ($20.94 million) in the quarter ended Sept. 30, but fell short of analysts&#8217; estimates of Rs 270 crore, according to data compiled by LSEG.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian food and grocery delivery firm Zomato reported a smaller-than-expected rise in second-quarter profit on Tuesday as the company added more new stores, which weighed on margins. Its consolidated net profit rose nearly five-fold to Rs 176 crore ($20.94 million) in the quarter ended Sept. 30, but fell short of analysts&#8217; estimates of Rs 270 crore, according to data compiled by LSEG.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-869018","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=869018"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/869018\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=869018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=869018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=869018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}