By Moneyvesta posted on January 21st, 2025

Zomato declines on reporting 57% fall in Q3 consolidated net profit

Zomato has reported 28.65% rise in net profit at Rs 494 crore for third quarter ended December 31, 2024 (Q3FY25) as compared to Rs 384 crore for the same quarter in the previous year. Total income of the company increased by 25.72% at Rs 2,537 crore for Q3FY25 as compared to Rs 2,018 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 57.25% fall in its net profit at Rs 59 crore for the quarter ended December 31, 2024 as compared to Rs 138 crore for the same quarter in the previous year. However, total income of the company increased by 61.31% at Rs 5,657 crore for Q3FY25 as compared to Rs 3,507 crore for the corresponding quarter previous year.

Source: Ace Equity

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