Zomato Q1 results: Profit jumps multifold to Rs 253 cr; revenue soars 74%

Food aggregator Zomato’s net profit in the June quarter of the current financial year (Q1FY25) grew multi-fold to Rs 253 crore, from Rs 2 crore in Q1FY24. On a sequential basis, the firm’s net profit grew 44.5 per cent from Rs 175 crore in the preceding quarter.

Zomato’s revenue from operations rose 74 per cent year-on-year (Y-o-Y) to Rs 4,206 crore in Q1FY25. It had reported a revenue of Rs 3,562 in the previous quarter, up 19.2 per cent.