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In the third quarter (Q3) of the fiscal year 2024–25 (FY25), Zomato, a key player in food delivery and rapid commerce
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reported a 57 percent year-on-year (YoY) drop in quarterly profit after tax (PAT) at Rs 59 crore
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down from Rs 138 in the same period the previous year. In Q2 of FY25, it reported a PAT of Rs 176 crore.
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Zomato's operating revenue increased 64 percent year over year to Rs 5,404 crore in Q3 from Rs 3,288 crore in Q2.
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The prior quarter's revenue was Rs 4,799, according to its report.
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The Gurugram-based company's overall expenses rose 64 percent year over year to Rs 5,533 crore in the quarter that ended in December
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from Rs 3,383 crore in the previous year and Rs 4,783 crore in the previous quarter.