.Agent imageFood delivery company Zomato on Tuesday disclosed 389% development in its own consolidated net revenue at Rs 176 crore in the 2nd one-fourth, compared to Rs 36 crore a year back. However, the dab missed the Street estimation of Rs 260 crore.Revenue from operations increased 68% year-on-year (YoY) to Rs 4,799 crore in the stating period.The bottomline development was actually driven by a consistent rise in food shipping scopes and also simple commerce organization continuing to remain near break-even. Changed EBITDA for the disclosing one-fourth likewise climbed manifold to Rs 331 crore against Rs 41 crore in the same period last year.The gross purchase value (GOV) growth across the B2C businesses boosted to 55% YoY to Rs 17,670 crore in Q2FY25.
On a like-for-like manner (excluding the impact of the acquisition of Paytm’s enjoyment ticketing service) GOV growth was actually 53% YoY.Segment-wise, the food shipping service clocked fine-tuned profits development of 21% YoY to Rs 2,340 crore. The GOV for the segment accelerated 21% YoY to 9,690 crore.Adjusted EBITDA for the portion jumped 137% YoY to Rs 341 crore. Frames for the food items shipping business improved to 3.5% in the second one-fourth versus 2.6% a year ago.
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