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