Business

Zomato Surprises Market with 389% Profit Surge, Plans ₹8,500 Crore Fundraising

In a major financial milestone, Zomato reported a consolidated net profit of ₹176 crore in the second quarter of FY25, representing an astounding 389% year-on-year growth compared to ₹36 crore in the same period last year. This growth reflects Zomato’s strategic expansion across multiple verticals and a tightening grip on operational efficiency, especially in the face of mounting…
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