Zomato’s net profit in the third quarter reached 1.38 billion rupees, with a year-on-year loss of 3.47 billion rupees.

Last updated: 2024/02/08 at 4:04 PM

By Justin 3 months ago

1 Min Read

Online food delivery company Zomato Ltd on Thursday reported a consolidated net profit of Rs 138 crore for the third quarter ended December 2023. Its consolidated operating income for the October-December 2023 period was Rs 3,288 crore as compared to Rs 1,948 crore in December 2023. period one year ago.

Zomato’s consolidated net loss was Rs 347 crore in the same period last year, according to a regulatory filing.

Its total expenditure was higher at Rs 3,383 crore. The company said sales in the same period last year were Rs 2,485 crore.

Justin 08/02/2024 08/02/2024

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By Justin

Justin, a prolific blog writer and tech aficionado, holds a Bachelor's degree in Computer Science. Armed with a deep understanding of the digital realm, Justin's journey unfolds through the lens of technology and creative expression.With a B.Tech in Computer Science, Justin navigates the ever-evolving landscape of coding languages and emerging technologies. His blogs seamlessly blend the technical intricacies of the digital world with a touch of creativity, offering readers a unique and insightful perspective.