Zomato Q3FY25 results: Net profit drops 57% to Rs 59 cr, revenue rises 64%

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Zomato Q3FY25 results: Net profit drops 57% to Rs 59 cr, revenue rises 64% - Business Standard

Quick Summary:

GOV for the segment rose to Rs 2,495 crore, from Rs 1,849 crore in Q2FY25 and Rs 858 crore a year ago.

The platform’s GOV rose 27 per cent sequentially to Rs 7,798 crore, while the average order value (AOV) crossed Rs 700, up from Rs 660 in the previous quarter.

The company’s revenue from operations rose 64 per cent year-on-year (Y-o-Y) to Rs 5,405 crore in Q3, up from Rs 3,288 crore a year ago, and grew 12.6 per cent quarter-on-quarter (Q-o-Q) from Rs 4,799 crore.