Zomato Q1 Results: Net loss narrows to Rs 186 crore; revenue jumps 67% YoY
By
Biju Kumar
NEW DELHI: Zomato on Monday reported narrowing of consolidated net loss at Rs 186 crore for the June quarter compared with Rs 359.70 crore in March quarter and Rs 360.70 crore in the year-ago quarter.
The consolidated revenue from operations surged 67.44 per cent YoY to Rs 1,413.90 crore from Rs 844.40 crore in the corresponding quarter last year.
Ebitda loss reduced to Rs 150 crore, the company said in a BSE filing.