Zomato reports over 4-fold jump in Q2 consolidated net profit

Ace News

23rd Oct 2024

Zomato has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 33.65% rise in its net profit at Rs 421 crore for the quarter ended September 30, 2024 as compared to Rs 315 crore for the same quarter in the previous year. Total income of the company increased by 32.60% at Rs 2420 crore for Q2FY25 as compared to Rs 1825 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 4-fold jump in net profit at Rs 176 crore for Q2FY25 as compared to Rs 36 crore for the same quarter in the previous year. Total income of the company increased by 64.05% at Rs 5,020 crore for Q2FY25 as compared to Rs 3,060 crore for the corresponding quarter previous year.