{"id":840872,"date":"2024-08-03T10:18:37","date_gmt":"2024-08-03T04:48:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840872"},"modified":"2024-08-03T10:37:29","modified_gmt":"2024-08-03T05:07:29","slug":"zomato-zooms-16-after-multi-fold-jump-in-profit-brokerages-give-a-thumbs-up","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/03\/zomato-zooms-16-after-multi-fold-jump-in-profit-brokerages-give-a-thumbs-up\/","title":{"rendered":"Zomato zooms 16% after multi-fold jump in profit; brokerages give a thumbs up"},"content":{"rendered":"<p>Zomato\u2018s share price surged over 16% to a record high of Rs 261 after the company\u2019s net profit for the June quarter of the current financial year (Q1FY25) grew multi-fold to Rs 253 crore, compared to Rs 2 crore in Q1FY24.<\/p>\n<p>Sequentially, the food aggregator net profit increased by 44.5% from Rs 175 crore in the preceding quarter. Zomato\u2019s revenue from operations rose 74% year-on-year to Rs 4,206 crore in Q1FY25, up from Rs 3,562 crore in the previous quarter, marking a 19.2% increase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zomato\u2018s share price surged over 16% to a record high of Rs 261 after the company\u2019s net profit for the June quarter of the current financial year (Q1FY25) grew multi-fold to Rs 253 crore, compared to Rs 2 crore in Q1FY24. Sequentially, the food aggregator net profit increased by 44.5% from Rs 175 crore in the preceding quarter. Zomato\u2019s revenue from operations rose 74% year-on-year to Rs 4,206 crore in Q1FY25, up from Rs 3,562 crore in the previous quarter, marking a 19.2% increase.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-840872","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840872"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840872\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}