On Tuesday, Zomato Ltd had reported a loss of Rs 359.7 crore for the quarter ended March compared with a loss of Rs 138.1 crore in the year. Despite a rise in other income to Rs 38.2 crore from Rs 58.4 crore, the net loss had.
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For the year-ended FY22, Zomato’s net loss widened to Rs 1,222.5 crore from Rs 816 crore in FY2021. Food aggregator Zomato Ltd reported a loss of Rs 359.7 crore for the quarter ended March compared with a loss of Rs 138.1 crore during the same period of the preceding year. The net loss widened despite a rise in other income to Rs 138.2 crore from Rs 58.4 crore. For the year-ended FY22, Zomato’s net loss widened to Rs 1,222.5 crore from Rs 816 crore in FY2021.
Zomato’s revenue saw a 75 per cent rise in Q4FY22, at Rs 1,211.8 crore compared with Rs 692.4 crore year-on-year.
