Zomato Ltd on Wednesday reported quarterly revenue that more than doubled as orders on its food delivery business zoomed, while higher expenses caused losses to balloon.
Zomato's consolidated net loss widned to Rs 435 crore for the quarter ending September 30, 2021. The company had reported consolidated net loss of Rs 230 crore in the year-ago period.
Consolidated revenue from operations rose 140% to Rs 1,024 crore as against Rs 426 crore in Q2FY21.
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