2025-07-26Niranjan Ghatule
Zomato's Q1 FY26 results reveal a shocking 90% profit drop, yet the stock has surged over 16% in just two days. But is Zomato really profitable? We decode the real numbers behind the ₹300+ stock price, explore FD-driven profits, Blinkit’s rise, business cannibalization, and why this ₹3 lakh crore valuation might be a bubble in the making.
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