Zomato reports consolidated net profit of Rs 138 crore in Q3
Date: 09-02-2024Zomato has reported results for third quarter ended December 31, 2023 (Q3FY24).
The company has reported over 6-fold jump in its net profit at Rs 384 crore for Q3FY24 as compared to Rs 62 crore for the same quarter in the previous year. Total income of the company increased by 43% at Rs 2,018 crore for Q3FY24 as compared Rs 1,416 crore for corresponding quarter of the previous year.
On consolidated basis, the company has reported net profit of Rs 138 crore for the third quarter ended December 31, 2023 as compared to net loss of Rs 347 crore for the same quarter in the previous year. Total income of the company increased by 65% at Rs 3,507 crore for Q3FY24 as compared Rs 2,121 crore for corresponding quarter of the previous year.