Online food delivery firm Zomato Ltd on Tuesday reported a consolidated net profit of Rs 176 crore in the second quarter ended on September 30, 2024. Photograph: Courtesy, Instagram The board of......
'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.' Illustration: Dominic Xavier/Rediff.com ......
'The focus on easier access and faster delivery is creating a new consumption pattern that allows consumers to satisfy their last-minute cravings and restock essentials at the click of a button.'......
As the industry-wide slowdown in food delivery business continues to affect Zomato's numbers, with the food aggregator's losses widening to Rs 346.6 crore in the third quarter of the fiscal year......
'We work with a very large restaurant base, we make sure that we're doing the right thing by them, and we're helping them grow because we'll grow only when they do.' IMAGE: A Zomato delivery......