Zomato Q4 results: Firm reports Rs 175 crore profit vs Rs 188 crore loss YoY; shares close in red as earnings miss expectations

Zomato's Q4 profit of Rs 175 crore marked a significant turnaround. Revenue reached Rs 3,562 crore, missing estimates. Blinkit achieved EBITDA positivity, but Zomato's stock declined over 7% on NSE.

May 13, 2024 - 12:00
Zomato Q4 results: Firm reports Rs 175 crore profit vs Rs 188 crore loss YoY; shares close in red as earnings miss expectations
Zomato's Q4 profit of Rs 175 crore marked a significant turnaround. Revenue reached Rs 3,562 crore, missing estimates. Blinkit achieved EBITDA positivity, but Zomato's stock declined over 7% on NSE.