As Zomato reported a fall in its share price more than 23% during the last month, the investors would be worried, however growth in revenues still comes at an impressive 64% year over year to ₹54.05 billion in Q3 FY25 while net profits had declined by as much as 57% at ₹590 million as competition had heightened, operational cost had increased and regulatory scrutiny is also on the rise. Zomato’s quick commerce platform, Blinkit, has now posted losses of ₹1.03 billion, thus adding more weight to its losses. Competitions have squeezed the margins, and it can be reflected from sharp declines in both operating and net profit margins. In addition, negative technical signals and antitrust investigations continue to put pressure on Zomato’s stock downwards.