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Food delivery firm Zomato's quarterly loss narrows

Zomato's consolidated net loss narrowed to Rs 63 crore for the three months ended December 31
Last Updated : 10 February 2022, 12:54 IST

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Food delivery firm Zomato Ltd reported a smaller third-quarter loss on Thursday, helped by a gain, while revenue jumped due to increased demand for restaurant meals.

The company's consolidated net loss narrowed to Rs 63 crore ($8.42 million) for the three months ended December 31, from Rs 353 crore a year earlier.

Revenue from operations rose to Rs 1,112 crore from Rs 609 crore.

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Published 10 February 2022, 12:54 IST

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