Zomato Q3 Results: Date, Time, Share Price History And More
Zomato will also hold its earnings conference call on the same day at 5 p.m. to discuss the financial results.
Online food and grocery delivery company Zomato Ltd. is set to release its earnings report for the Dec. 2024 quarter next week. In a filing to the stock exchanges, on Jan. 15, the company informed about its scheduled board meeting to consider and approve Q3 results next week.
Launched in 2010, Zomato is a restaurant aggregator that facilitates online food deliveries. The company started as a directory of restaurant menus before moving into the business of table reservations and online food delivery. It also owns the quick commerce platform BlinkIt, which delivers grocery and other household items.
Zomato went public in 2021 after successfully launching its initial public offering. The company’s market capitalisation stands at over Rs 2.35 lakh crore, as of Jan. 16.
Here is everything you need to know about Zomato Q3 Results.
Zomato Q3 Results: Date And Time
Zomato's board of directors will meet on Monday, Jan. 20, to approve the financial results of the company for the October -December 2024 period of the current fiscal.
"This is to inform that a meeting of the board of directors of the Company is scheduled to be held on Monday, January 20, 2025, to inter-alia, consider and approve the unaudited financial results (standalone and consolidated) of the Company for the quarter and nine months ended December 31, 2024," the company said in a filing to the exchanges.
Zomato will also hold its earnings conference call on the same day at 5 p.m. to discuss the financial results. Participants can register on the pre-registration link shared by the company.
Zomato Share Price History
Shares of Zomato Ltd. have risen by 3.7% in the past five sessions. The stock has dipped over 16% in a month. Zomato share prices showed a remarkable rally in 2024, gaining more than 116%.
At 12:25 p.m. on Friday, Zomato's shares were trading at Rs 247.60 apiece on the NSE, compared to a 0.44% decline in the benchmark Nifty 50.
Zomato Q2 Results
Zomato reported a 69% year-on-year jump in its revenue to Rs 4,799 crore in Q2 of the current fiscal year compared to Rs 2,848 crore in Q2FY24. Net profit surged nearly four folds to Rs 176 crore in Q2 up from Rs 36 crore in the corresponding quarter of the preceding financial year.
The company's a djusted Ebitda in Q2 stood at Rs 330 crore versus Rs 41 crore in the second quarter of FY24.
