Zomato Records Rs 138 Crore Net Profit in Q3 Vs Rs 347 Crore Loss YoY
Zomato Records Rs 138 Crore Net Profit in Q3 Vs Rs 347 Crore Loss YoY
Zomato's total expenses were higher at Rs 3,383 crore; the same was Rs 2,485 crore in the corresponding period a year ago

Zomato Ltd, an online food delivery company, on Thursday posted a consolidated net profit of Rs 138 crore in the third quarter ended December 2023. Its consolidated revenue from operations during October-December 2023 stood at Rs 3,288 crore, compared with Rs 1,948 crore in the year-ago period.

Zomato’s consolidated net loss had stood at Rs 347 crore in the corresponding quarter last year, according to a regulatory filing.

Its total expenses were higher at Rs 3,383 crore. The same was Rs 2,485 crore in the corresponding period a year ago, the company said.

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