Zomato District app

Zomato Profit Soars 389% In Q2: Plans To Launch New ‘District’ App Soon – What’s in Store?

Online food delivery giant Zomato Ltd reported an impressive 389% year-on-year surge in net profit for Q2FY25, amounting to ₹176 crore, compared to ₹36 crore in the year-ago period. However, sequentially, the company's net profit dropped 30.43% from ₹253 crore in Q1FY25, indicating short-term challenges. Strong Revenue Growth Despite Competitive...