Zomato Q1 Results: Profit skyrockets to Rs 253 crore from Rs 2 crore YoY on higher gross order value

Zomato Quarterly Results: Zomato on Thursday posted its fiscal first quarter earnings with profit at Rs 253 crore, posting a growth of 12550 per cent in comparison to Rs 2 crore recorded during the corresponding quarter of FY24. Q1FY24 was the first quarter when Zomato had posted a quarterly net profit. It posted revenue from operations at Rs 4,206 crore, up 74.1 per cent as against Rs 2,416 crore during the same period of previous fiscal year.