Zomato Q1FY24 consolidated net profit at Rs. 2 crores

Zomato Ltd has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2597 crores during the period ended June 30, 2023 as compared to Rs. 2227 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -189 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.0023 for the period ended June 30, 2023 as compared to Rs. -0.23 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2597 crs	₹2227 crs	16.61%
Net Profit	₹2 crs	₹-189 crs	101.06%
EPS	₹0.0023	₹-0.23	101.00%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2597 crores during the period ended June 30, 2023 as compared to Rs.1582 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-186 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.0023 for the period ended June 30, 2023 as compared to Rs.-0.24 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2597 crs	₹1582 crs	64.16%
Net Profit	₹2 crs	₹-186 crs	101.08%
EPS	₹0.0023	₹-0.24	100.96%

Shares of Zomato Ltd was last trading in BSE at Rs. 86.22 as compared to the previous close of Rs. 84.90. The total number of shares traded during the day was 3861614 in over 12616 trades.

The stock hit an intraday high of Rs. 88.46 and intraday low of 80.99. The net turnover during the day was Rs. 326832338.00.

Source : Equity Bulls

Keywords

Zomato Q1FY24 ResultUpdate