Zomato reports consolidated net profit of Rs 175 crore in Q4

13 May 2024 Evaluate

Zomato has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported over 2-fold jump in its net profit at Rs 396 crore for the quarter under review as compared to Rs 182 crore for the same quarter in the previous year. Total income of the company increased by 48.33% at Rs 2,093 crore for Q4FY24 as compared Rs 1,411 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit of Rs 175 crore for fourth quarter ended March 31, 2024 as compared to net loss of Rs 188 crore for the same quarter in the previous year. Total income of the company increased by 70.50% at Rs 3,797 crore for Q4FY24 as compared Rs 2,227 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported over 11-fold jump in net profit at Rs 1,371 crore as compared to Rs 117 crore for the previous year. Total income of the company increased by 36.95% at Rs 7,542 crore for year under review as compared to Rs 5,507 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported net profit of Rs 351 crore as compared to net loss of Rs 971 crore for the previous year. Total income of the company increased by 67.00% at Rs 12,961 crore for year under review as compared to Rs 7,761 crore for year ended March 31, 2023. 


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