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Zomato | The food delivery aggregator posted its results on Monday, January 20, where it spoke of a slowdown in the food delivery business and said its quick commerce business, Blinkit, will remain loss-making for the near term. The stock fell 7% on the day of the result…
Zee Entertainment Enterprises | Current FII holding 20.1% | Stake sold in 2024: 8.1% | Although the FPI ownership in Zee Entertainment Enterprises has increased sequentially in December quarter, their holding has come off to 20% from over 28% recorded in December 2023.
Delhivery | Current FII holding 53.8% | Stake sold in 2024: 9.0% | Delhivery shares have failed to deliver decent returns to shareholders despite the implementation of several initiatives to drive business growth, improve services and enhance client experiences. The stock is down…
Zee Entertainment Enterprises Ltd. reported a consolidated net profit of ₹163.6 crore for the third quarter of fiscal year 2025, marking a 179.7% increase compared to ₹58.5 crore in the same period last year. However, the company's revenue declined by 3% to ₹1,979 crore from ₹2,046 crore year-over-year. The earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 52% to ₹318 crore, up from ₹209 crore year-over-year, with a margin improvement to 16.1% from 10.2%. While advertising revenue increased by 4% quarter-over-quarter, it saw an 8% decrease year-over-year.
