Zomato Q3 Results: Net profit jumped nearly 4x (283%) quarter-on-quarter (QoQ) to Rs 138 crore. An ET Now poll saw the figure around Rs 36 crore. The company had posted a loss of Rs 34.7 crore in the last year period. Consolidated adjusted EBITDA was positive for the third consecutive quarter at Rs 125 crore.
Zomato, the food delivery company, has reported a substantial surge in net profit, witnessing a nearly fourfold increase (283%) quarter-on-quarter to reach Rs 138 crore. This marked turnaround from the same period last year when the company posted a loss of Rs 34.7 crore., Companies News, Times Now