Zomato Q4 result: PAT Rs 175cr; fourth consecutive quarter of profit

Food-delivery aggregator Zomato on Monday reported a profit of Rs 175 crore for the fourth quarter ended March 31, 2024.

This is the fourth consecutive quarter of profit reported by the company.

In the fourth quarter of FY23 the company had a loss of Rs 188 crore.

On a sequential basis, Zomato’s net profit was up 26.8 per cent from Rs 138 crore at the Q3FY24.