Benglauru:
Zomato reported its first quarterly profit on Thursday, helped by a tax gain and strong orders on its food delivery and quick commerce platforms.
The company reported a profit of Rs 2 crore for the quarter ended June 30.
Zomato, which also runs grocery delivery service Blinkit, said consolidated revenue from operations rose 70.9% to Rs 2,416 crore in the first quarter.
That beat analysts average estimate of Rs 2,286 crore, according to Refinitiv IBES data.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Advertisement
Featured Video Of The Day
MK Stalin To Skip NITI Aayog Meet In Protest Against "Discriminatory" Budget
COMMENTS
Advertisement
Zomato Delivery Agent Shares A Glimpse Of His Life In A Mumbai Slum, Internet Reacts Zomato Delivery Agent's Rs 500 Mumbai Slum Room Tour Is Viral, Internet Reacts X User Compares Restaurant Bill With Zomato Prices, Company Responds Astrologer Who Correctly Predicted Biden Exit, Now 'Names' Next US President Woman Product's Review Lands Her Job Offer From Sleepy Owl Coffee Founder Teen Rapes Sister After Watching Porn, Strangles Her Before Their Mother Samajwadi's Mata Prasad Pandey Named Leader Of Opposition In UP Assembly Bangladesh Students Vow To Resume Protests Unless This Demand Is Fulfilled Meet Olivia Coffey, A Private Equity Staffer Eyeing Gold At Olympics Track Latest News Live on NDTV.com and get news updates from India and around the world.