In its Q4 FY24 results, Zomato revealed that quarter-on-quarter the food delivery business saw a decline in gross order value (GOV). This was expected because even in the previous fiscal year ...
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Zomato Q4 results: Profit at Rs 175 crore; Blinkit business 'turned adjusted EBITDA positive'Food delivery platform Zomato Ltd on Monday reported a consolidated net profit of Rs 175 crore for the quarter ended on March 31. The Gurugram-based firm had posted a loss of Rs 189 crore in the ...
just like Zomato’s platform fees. This has undoubtedly led to improvements in the bottom line for the platform. For context, the GOV-to-revenue ratio improved to nearly 20% in Q4 FY24 ...
down from Rs1.38bn in the same quarter of FY24. Zomato's revenue from operations experienced a 64% year-over-year increase, rising from Rs32.88bn to Rs54.04bn. "Zomato rebrands to Eternal after ...
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Zomato to invest Rs 300 Crore in Blinkit to take on Swiggy InstamartZomato will invest Rs 100 crore in Zomato Entertainment, its live events and ticketing business. Following the announcement of its Q4 FY24 results, Zomato stated that Blinkit plans to expand its ...
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