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Zomato’s consolidated net loss widens to Rs 356 crore in Q1

11 Aug 2021 Evaluate

Zomato has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 290.80 crore for the quarter under review as compared to net loss of Rs 78.70 crore for the same quarter in the previous year. Total income of the company increased by 1.40% at Rs 828.30 crore for Q1FY22 as compared Rs 239.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss attributable to equity holders at Rs 356.20 crore for the quarter under review as compared to net loss of Rs 99.80 crore for the same quarter in the previous year. Total income of the company increased by 3.78% at Rs 916.60 crore for Q1FY22 as compared Rs 283.50 crore for the corresponding quarter previous year.

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