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Zomato reports Rs 36 crore PAT in Q2

IndiaTimes Friday, 3 November 2023
Zomato, the online food delivery platform, has reported a profit of Rs 36 crore for the second quarter of 2023, compared to a loss of Rs 251 crore in the same period last year. Revenue from operations was Rs 2,848 crore, up from Rs 1,661 crore.The company also announced that its board has approved sale of entire voting rights constituting 30 per cent in ZMT Europe LDA, an associate company located in Portugal, for an aggregate sale consideration of 1.80 lakh euros (approx Rs 1,59,45,300).
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