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Zomato Q1 Results: Profit Up 45%, Beat Estimates
The Gurugram-based company marked its fifth consecutive profitable quarter on a consolidated basis.
01 Aug 2024, 03:24 PM IST 
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A Zomato delivery executive waiting to pick up the order. (Source: Vijay Sartape/NDTV Profit)
Zomato Ltd.'s net profit surged 45% in the April-June period as the food delivery giant continued to expand its top line and profitability across its businesses.
The Gurugram-based company marked its fifth consecutive profitable quarter on a consolidated basis.
Zomato Q1 FY25 Key Highlights (Consolidated, QoQ)
Revenue up 18% at Rs 4,206 crore versus Rs 3,562 crore (Bloomberg estimate: Rs 3,927.18 crore).
Ebitda at Rs 177 crore versus Rs 86 crore (Bloomberg estimate: Rs 165.31 crore).
Margin expands at 4.2% versus 2.4% (Bloomberg estimate: Rs 4.20%).
Net profit up 45% at Rs 253 crore versus Rs 175 crore (Bloomberg estimate: Rs 212.92 crore).
(This is a developing story.)
