Zomato posts smaller quarterly net loss as online orders jump

Mumbai, 10/11: Food delivery firm Zomato Ltd reported a smaller second-quarter loss on Thursday, helped by a sustained rise in online ordering.

 

 

Consolidated net loss for the three months ended September 30 was Rs 251 crores ($30.73 million), compared with Rs 430 crores a year earlier, the company said in a regulatory filing.

 

Revenue from operations rose to Rs 1661 crores from Rs 1024 crores.

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