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Zomato’s consolidated net loss narrows to Rs 250.80 crore in Q2

11 Nov 2022 Evaluate

Zomato has reported results for second quarter ended September 30, 2022.

The company has reported net profit at Rs 11.70 crore for the quarter under review as compared to net loss Rs 414.20 crore for the same quarter in the previous year. Total income of the company increased by 33.27% at Rs 1375.50 crore for Q2FY23 as compared Rs 1032.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 250.80 crore for the quarter under review as compared to net loss of Rs 434.90 crore for the same quarter in the previous year. However, total income of the company increased by 57.69% at Rs 1830.80 crore for Q2FY23 as compared Rs 1161.00 crore for the corresponding quarter previous year.

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