Wed Jan 22 04:00:00 UTC 2025: ## Zomato Reports Strong Q3 Revenue Growth, Despite Net Loss; Motilal Oswal Maintains ‘Buy’ Rating

**Mumbai, India** – Zomato’s Q3 FY25 results show a 13% sequential revenue increase, reaching INR 54 billion, driven primarily by its Blinkit quick commerce division. While revenue growth exceeded expectations, the company reported a net profit of INR 590 million, significantly lower than projections due to increased investments in Blinkit’s expansion. Despite the lower-than-expected profit, Motilal Oswal maintains a “Buy” rating on Zomato stock, with a target price of INR 270, suggesting a potential 13% upside. The brokerage firm anticipates strong revenue and EBITDA growth in Q4 FY25. This news comes amidst a busy period for the Indian market, with ongoing reporting of Q3 results and investor interest in the crypto market. Separately, information on the Traders Gurukul’s “Bots” options trading summit was also noted. Investors are advised to consult with financial professionals before making any investment decisions.

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