Zomato records first ever quarterly profit of ₹2 crore

India’s Zomato reported its first quarterly revenue on Thursday, helped by a tax acquire and robust orders on its meals supply and fast commerce platforms.

Zomato, which also runs grocery delivery service Blinkit, said consolidated revenue from operations rose 70.9% to 24.16 billion rupees in the first quarter.
Zomato, which additionally runs grocery supply service Blinkit, stated consolidated income from operations rose 70.9% to 24.16 billion rupees within the first quarter.

The corporate reported a revenue of 20 million rupees ($241,861.37) for the quarter ended June 30.

Zomato, which additionally runs grocery supply service Blinkit, stated consolidated income from operations rose 70.9% to 24.16 billion rupees within the first quarter.

That beat analysts common estimate of twenty-two.86 billion rupees, based on Refinitiv IBES knowledge.

($1 = 82.6920 Indian rupees)

Source Link

Spread the love

Leave a Reply