Q3 result: Zomato logs third straight quarter of profit at Rs 138 crore
Thu, Feb 8, 2024 3:31 PM

Q3 result: Zomato logs third straight quarter of profit at Rs 138 crore

A Flip by Shubhangi Gupta
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Food delivery app Zomato's net profit for the third quarter was at Rs 138 crore, a significant increase from the same period last year when the company reported a loss of Rs 347 crore. This growth can be attributed to a 69 percent rise in revenue to Rs 3,288 crore. The company's performance stands out in the current economic climate where e-commerce is struggling due to high inflation.

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