Zomato Q3 Profit Forecast: 43.6% YoY Dip to Rs 99.3 Cr, Says ICICI Securities
Business
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Moneycontrol•23-01-2026, 10:41
Zomato Q3 Profit Forecast: 43.6% YoY Dip to Rs 99.3 Cr, Says ICICI Securities
- •ICICI Securities projects Zomato's Q3 net profit (PAT) to be Rs 99.3 crore.
- •This represents a significant 43.6% year-on-year decrease in profit.
- •However, quarter-on-quarter, PAT is expected to surge by 297.3%.
- •Net Sales are forecast to jump 208.1% YoY to Rs 17,700.6 crore.
- •EBITDA is predicted to increase by 1.2% YoY to Rs 288.5 crore.
Why It Matters: Zomato's Q3 profit is expected to fall YoY but show strong QoQ growth, with robust sales increase.
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