Zomato reported a significant turnaround in its financial performance for the December quarter with a consolidated net profit of 138 crore, contrasting with a net loss of 347 crore in the same quarter the previous fiscal year.

Zomato(Reuters Photo)

The Online food delivery platform’s consolidated revenue from operations in Q3 of the current fiscal rose to 3,288 crore from 1,948 crore in the previous year, reflecting robust growth.

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However, total expenses increased to 3,383 crore compared to 2,485 crore in the corresponding period last year.

This is a developing story. Please get back to check for updates.

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