Zomato posts ₹138 crore net profit in Q3

Online food delivery firm Zomato Ltd on Thursday reported a consolidated net profit of ₹138 crore in the December quarter.

The company had posted a consolidated net loss of ₹347 crore in the same quarter last fiscal, Zomato Ltd said in a regulatory filing.

• Also read: Manappuram Finance posts 46% rise in Q3 net profit at ₹575 crore

Consolidated revenue from operations in the third quarter of the ongoing fiscal stood at ₹3,288 crore as against ₹1,948 crore a year ago, it added.

Total expenses were higher at ₹3,383 crore. The same was ₹2,485 crore in the corresponding period a year ago, the company said.

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