Zomato presented Q3 Results??
Zomato presented Q3 Results??
The stock of online food delivery company zomato has disappointed investors, this stock has lost 28% in 1 month. Now zomato has presented the december quarter results, in the december quarter, the income of zomato has also increased and the loss has also decreased.
How much loss?Between October-December, the loss of zomato has come down to Rs 63 crore. The company had a loss of Rs 352 crore in the same period last year. At the same time, the company had a loss of Rs 429 crore in the september quarter. Earnings in the third quarter grew 82.7 percent quarterly to Rs 1,112 crore as against Rs 609 crore 40 lakh in the september quarter. On the other hand, talking about the adjusted revenue of the company, it increased by 78 percent on an annual basis to Rs 1,420 crore. Zomato's gross order value increased by 84.5 percent year-on-year to Rs 5,500 crore in the december quarter.
The stock of online food delivery company zomato has disappointed investors, this stock has lost 28% in 1 month. Now zomato has presented the december quarter results, in the december quarter, the income of zomato has also increased and the loss has also decreased.
How much loss?Between October-December, the loss of zomato has come down to Rs 63 crore. The company had a loss of Rs 352 crore in the same period last year. At the same time, the company had a loss of Rs 429 crore in the september quarter. Earnings in the third quarter grew 82.7 percent quarterly to Rs 1,112 crore as against Rs 609 crore 40 lakh in the september quarter. On the other hand, talking about the adjusted revenue of the company, it increased by 78 percent on an annual basis to Rs 1,420 crore. Zomato's gross order value increased by 84.5 percent year-on-year to Rs 5,500 crore in the december quarter.