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Zomato’s consolidated net loss widens to Rs 360 crore in Q4

24 May 2022 Evaluate

Zomato has reported results for fourth quarter and year ended March 31, 2022.

The company has reported net loss of Rs 293.70 crore for the quarter under review as compared to net loss of Rs 108.50 crore for the same quarter in the previous year. However, total income of the company increased by 78% at Rs 1,161.80 crore for Q4FY22 as compared Rs 652.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 359.70 crore for the quarter under review as compared to net loss of Rs 134.20 crore for the same quarter in the previous year. However, total income of the company increased by 79.81% at Rs 1,350 crore for Q4FY22 as compared Rs 750.80 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss of Rs 1,098 crore as compared to net loss of Rs 886 crore for the previous year. However, total income of the company increased by over 2-fold at Rs 4,108.50 crore for year under review as compared to Rs 1,845.80 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss of net profit at Rs 1,222.50 crore as compared to net loss of Rs 816.40 crore for the previous year. However, total income of the company increased by over 2-fold at Rs 4,687.30 crore for year under review as compared to Rs 2,118.40 crore for year ended March 31, 2021.


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