Zomato Q2 results: Net profit of Rs 176 crore recorded for September quarter

Zomato Ltd reported a significant increase in net profit to Rs 176 crore for Q2 2024, up from Rs 36 crore the previous year. Consolidated revenue jumped to Rs 4,799 crore. The company plans to raise Rs 8,500 crore through equity shares and has added 152 new dark stores amidst growing competition in the food and grocery delivery sector.

Oct 23, 2024 - 00:00
Zomato Q2 results: Net profit of Rs 176 crore recorded for September quarter

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Zomato Ltd reported a significant increase in net profit to Rs 176 crore for Q2 2024, up from Rs 36 crore the previous year. Consolidated revenue jumped to Rs 4,799 crore. The company plans to raise Rs 8,500 crore through equity shares and has added 152 new dark stores amidst growing competition in the food and grocery delivery sector.
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