Zomato on Thursday posted a huge jump in its consolidated net profit to Rs 253 crore for the June 2024 quarter, as compared with Rs 2 crore in the year-ago period. Its revenue from operations during April-June 2024 stood at Rs 4,206 crore, almost double as compared with Rs 2,416 crore a year ago.
Following the results, the company’s shares jumped 2.4 per cent to Rs 234.97 apiece on the BSE.
It is expected that Blinket has contributed to the performance substantially.
(The story will be updated)
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