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Margins off the menu for food delivery companies
Financial Express Lucknow
|July 22, 2025
ZOMATO'S FLAGSHIP FOOD delivery business continued to face a sluggish demand environment, recording just 13% year-on-year growth in net order value (NOV).
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Adjusted revenue for the segment rose 18% from a year ago to ₹2,657 crore. However, the firm believes the softness in demand may have bottomed out and expects a gradual recovery. "For FY26, it looks unlikely that the business will deliver a 20%+ NOV growth, but we sh
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