Zomato is set to report its Q1 FY27 results on Wednesday, July 22, with analysts projecting a sharp rise in profitability. Growth is expected to be primarily driven by strong demand in the quick commerce segment, Blinkit, alongside steady performance in core food delivery operations.
Zomato is scheduled to announce its financial results for the first quarter of the 2026-27 fiscal year on Wednesday, July 22. Market expectations are high, with several brokerage firms projecting a multi-fold increase in net profit compared to the same period last year. This anticipated growth is largely attributed to the rapid expansion of the company’s quick commerce business, Blinkit, which has seen substantial gains in order volumes.
Earnings and Revenue Projections
Financial estimates from brokerage houses highlight a potentially significant shift in Zomato’s bottom line. JM Financial has projected a profit after tax (PAT) of approximately ₹318.9 crore, representing a sharp rise from the ₹25 crore reported in the first quarter of the previous year. Similarly, Motilal Oswal Financial Services has shared an optimistic outlook, estimating the quarterly profit could reach ₹406.6 crore. These figures suggest that the company’s focus on improving operating efficiency is gaining traction.
Revenue growth is also expected to remain a key highlight for the quarter. Estimates point toward a year-on-year revenue increase in the range of 161% to 175%. Much of this growth is linked to Blinkit’s scaling, with analysts estimating the quick commerce arm could see a massive jump in revenue as consumer preference for rapid delivery continues to rise in urban markets. The core food delivery segment is also expected to maintain steady growth, with projected increases in net order value and take rates—the percentage of order value earned by the company—contributing to improved margins.
Operational Metrics and Focus Areas
Investors will likely track specific performance metrics beyond the headline profit figure. For the food delivery business, market analysts are watching the net order value growth, which is estimated to be around 19%. Improvements in take rates are also a critical indicator of how effectively the company is monetizing its platform. Meanwhile, for Blinkit, the primary focus remains on contribution margins and adjusted EBITDA margins. As the quick commerce space becomes increasingly competitive, maintaining a positive margin while scaling operations is essential for long-term sustainability.
While the financial projections are positive, investors should be aware of the inherent risks in the quick commerce sector. Rapid expansion often requires significant capital investment, and the ability to maintain profitability depends heavily on consumer demand, pricing strategies, and the company's ability to manage operational costs at scale. Furthermore, the company operates in a sector where competitive intensity is high, which may influence future take rates and marketing spending. The upcoming management commentary during the earnings call will be important for understanding how the company plans to sustain these margins and address competition in the coming quarters.