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Zomato’s Q1 consolidated net profit jumps 126 times to Rs 253 crore in April-June quarter

02 Aug 2024 Evaluate

Zomato has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 70.29% rise in net profit at Rs 470 crore for Q1FY25 as compared to Rs 276 crore for the same quarter in the previous year. Total income of the company increased by 44.89% at Rs 2,327 crore for Q1FY25 as compared to Rs 1,606 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported multifold jump in its net profit at Rs 253 crore for the quarter ended June 30, 2024 as compared to Rs 2 crore for the same quarter in the previous year. Total income of the company increased by 71.04% at Rs 4,442 crore for Q1FY25 as compared to Rs 2,597 crore for the corresponding quarter previous year.

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