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profit drop News

Zomato's Profits Plummet by 78% Amidst Surging Expenses in Q4 Financial Report

Jessica Bennett 02 May, 2025

Zomato's Q4 financial report reveals a 78% drop in net profit to Rs 39 crore, driven by increased expenses from investments in Blinkit, despite a rise in operational revenue to Rs ...

Market

Porsche's Profits Plunge: A 44% Drop Shakes Investor Confidence

Ryan Peterson 30 Apr, 2025

Porsche AG's shares dropped over 7% after reporting a 44% plunge in profit after tax to €518 million and cutting its 2025 revenue and return on sales forecasts, signaling potential...