In a development that has stirred investor confidence, Zomato reported a strong set of quarterly numbers, sending its stock to a new all-time high on Friday. The food delivery giant’s robust growth across key business segments, coupled with improving profitability, has reinforced its position as one of the most formidable players in India’s internet economy.
The company’s revenue surged sharply, buoyed by rising food delivery demand, an expanding quick commerce business through Blinkit, and higher order frequency from urban consumers. Analysts noted that Zomato’s strategy of scaling operations while tightening costs has paid off, with margins reflecting noticeable improvement compared to previous quarters.
According to market experts, the strong earnings have triggered a fresh wave of buying interest, with Zomato shares rallying to new highs in intraday trade. “This quarter marks a milestone for Zomato. Beyond just growth in numbers, the company has shown operational discipline, which is exactly what long-term investors had been looking for,” said a senior market strategist.
The Blinkit vertical, in particular, has continued its upward trajectory, now contributing significantly to overall revenues. Industry watchers see this as a sign that Zomato is not only consolidating its dominance in food delivery but also creating a position of strength in quick commerce — an industry that is still shaping its long-term leaders.
With this performance, Zomato has sent a strong signal to both its customers and the market: the appetite for food delivery and hyperlocal commerce in India is far from slowing down. As the stock scales new highs, the company appears more confident than ever about sustaining growth momentum in the months ahead.
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