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Indian food delivery platform Zomato serves fourth straight profitable quarter but misses estimates

Indian food delivery platform Zomato serves fourth straight profitable quarter but misses estimates

FILE PHOTO: A delivery worker of Zomato, an Indian food-delivery startup, prepares to leave to pick up an order from a restaurant in Mumbai, India, July 13, 2021. REUTERS/Francis Mascarenhas/File Photo

Indian food delivery platform Zomato on Monday posted a consolidated net profit of Rs 175 crore ($20.96 million) for the quarter ended March 31, 2024, on the back of margin expansion in its food delivery and quick commerce businesses.

Edited by: Deepshikha Monga

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