Zomato Q3 Profit Slumps 57% YoY To INR 59 Cr

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SUMMARY

Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the year-ago quarter

On a sequential basis, profit slumped 66% from INR 176 Cr

However, operating revenue surged over 64% to INR 5,405 Cr during the quarter under review from INR 3,288 Cr in Q3 FY24

Foodtech major Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in the third quarter of the financial year 2024-25 (Q3 FY25) from INR 138 Cr in the year-ago quarter.

On a sequential basis, profit slumped 66% from INR…



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Zomato Q3 Profit Slumps 57% YoY To INR 59 Cr


SUMMARY

Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the year-ago quarter

On a sequential basis, profit slumped 66% from INR 176 Cr

However, operating revenue surged over 64% to INR 5,405 Cr during the quarter under review from INR 3,288 Cr in Q3 FY24

Foodtech major Zomato’s consolidated net profit slumped 57.2% to INR 59 Cr in the third quarter of the financial year 2024-25 (Q3 FY25) from INR 138 Cr in the year-ago quarter.

On a sequential basis, profit slumped 66% from INR…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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