Zomato Q4 results: Firm reports Rs 175 crore profit vs Rs 188 crore loss YoY; shares close in red as earnings miss expectations
Monday, 13 May 2024
Zomato's Q4 profit of Rs 175 crore marked a significant turnaround. Revenue reached Rs 3,562 crore, missing estimates. Blinkit achieved EBITDA positivity, but Zomato's stock declined over 7% on NSE.
Zomato's Q4 profit of Rs 175 crore marked a significant turnaround. Revenue reached Rs 3,562 crore, missing estimates. Blinkit achieved EBITDA positivity, but Zomato's stock declined over 7% on NSE.
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