Foodtech giant Zomato Ltd’s consolidated loss widens Against a loss of 346.6 cr on-year for the quarter ended Dec (Q3FY23) 63 crore in the year-ago period. The online food delivery platform posted a net loss of Rs. 250.8 crore in the previous September quarter.
Revenue from operations increased by 75% 1,948 crore for the December quarter as compared to Rs. 1,112 crore in the same period last year.
Adjusted revenue – on a year-over-year basis – saw a 66% increase 2,363 crores.
Zomato shares closed up 0.55% on Thursday 54.60 on the NSE at Rs.
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