Zomato posts Rs 138 crore net profit in quarter 3

NEW DELHI: Online food delivery firm Zomato Ltd on Thursday reported a consolidated net profit of Rs 138 crore in the December quarter. The company had posted a consolidated net loss of Rs 347 crore in the same quarter last fiscal, Zomato Ltd said in a regulatory filing.
Consolidated revenue from operations in the third quarter of the ongoing fiscal stood at Rs 3,288 crore as against Rs 1,948 crore a year ago, it added.
Total expenses were higher at Rs 3,383 crore. The same was Rs 2,485 crore in the corresponding period a year ago, the company said.

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