Zomato Q1 Results: Profit Up 45%, Beat Estimates

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.)

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