{"id":898222,"date":"2025-01-21T10:01:24","date_gmt":"2025-01-21T04:31:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=898222"},"modified":"2025-01-21T10:05:44","modified_gmt":"2025-01-21T04:35:44","slug":"zomato-share-price-plunges-over-9-after-q3-pat-slumps-57-yoy","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/01\/21\/zomato-share-price-plunges-over-9-after-q3-pat-slumps-57-yoy\/","title":{"rendered":"Zomato share price plunges over 9% after Q3 PAT slumps 57% YoY"},"content":{"rendered":"<p>Zomato share price slumped over 9% on Tuesday&#8217;s session following weak Q3 results.  Zomato announced on Monday that its consolidated net profit for the December quarter fell by 57.2% to \u20b959 crore, as its margins were impacted by rapid store expansion to accommodate orders from its quick-commerce service, Blinkit. In the same period last year, the company reported a net profit of \u20b9138 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zomato share price slumped over 9% on Tuesday&#8217;s session following weak Q3 results. Zomato announced on Monday that its consolidated net profit for the December quarter fell by 57.2% to \u20b959 crore, as its margins were impacted by rapid store expansion to accommodate orders from its quick-commerce service, Blinkit. In the same period last year, the company reported a net profit of \u20b9138 crore.<\/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":[55,13,4],"tags":[],"class_list":["post-898222","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/898222","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=898222"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/898222\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=898222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=898222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=898222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}