Zomato posts 3rd straight quarter of profit, revenue up 79%

Zomato released its Q3 financial results today, showing a significant increase in net profit, which amounted to ₹138 crore compared to ₹36 crore in the previous quarter, a growth of 283% QoQ.

Revenue surged by 79% to reach ₹3,288 crore, a substantial rise from ₹1,948 crore in the same period last year.


EBITDA for the quarter stood at ₹51 crore, a marked improvement from the EBITDA loss of ₹366 crore year-on-year. The EBITDA margin was reported at 1.5%.

In addition, the Quick Commerce Revenue witnessed a substantial growth, reaching ₹664 crore, compared to ₹301 crore in the previous year.