ADVERTISEMENT

Food Delivery Or Bond Trading? Where Did Zomato Profits Come From

Zomato's other income was Rs 847 crore, including gains from treasury income.

Zomato is among the two largest players in India's food delivery business
Zomato is among the two largest players in India's food delivery business
The food delivery and quick commerce businesses of Zomato Ltd. were profitable and generated surplus cash at the end of fiscal 2024. This also coincided with the company's maiden profit for the year, at Rs 351 crore.While the food delivery business turned profitable, its quick commerce, dine-out, and restaurant servicing businesses remained loss making on an annual basis.
To continue reading this story
Subscribe to Unlock & Enjoy your 
Subscriber-Only
 benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More