Professional Documents
Culture Documents
CIE :-2
Name :- Ajay Bhaskar pazare
Roll No :- SMB1211059
subject :-Strategic Management
Key Services:
1. Restaurant Discovery
2. Food Delivery
3. Table Reservations
4. User Reviews and Ratings
5. Membership Program
How It Works
Zomato Ltd on Thursday reported its first-ever consolidated profit after tax of ₹2
crore in the April-June quarter of 2023-24, driven by strong revenue growth. The
company had posted a net loss of ₹186 crore in the same quarter last fiscal,
Zomato said in a regulatory filing.
• Food delivery platform Zomato on Thursday announced its Q1 earnings
for FY24. The company reported a net profit of ₹two crore against a loss of ₹186
crore (YoY). The revenue of the firm was up at ₹ ₹2,416 cr vs 1,414 cr.
• Zomato, pulling a surprise for the investors, reported a net profit for the first
time. The food delivery platform reported a profit after tax (PAT) at Rs 2 crore in
the June 2023 quarter. The company had reported a net loss of Rs 189 crore
and 186 crore in the March 2023 quarter and June 2022 quarter, respectively.
Conclusion