Zomato posts Rs 176 crore profit for September quarter, revenue at Rs 4,799 crore

Online food delivery firm Zomato Ltd on Tuesday reported a consolidated net profit of Rs 176 crore in the second quarter ended on September 30, 2024.

The board of the company, which had posted a consolidated net profit of Rs 36 crore in the same quarter last fiscal, has also approved the raising of Rs 8,500 crore through qualified institutional placement of equity shares, Zomato Ltd said in a regulatory filing.

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