• Zomato Q2 results: Net loss narrows to Rs 251 crore as online orders jump

    Business
    Zomato Q2 results: Net loss narrows to Rs 251 crore as online orders jump
    Operating income increased from Rs. 1,024 crores to Rs. 1,661 crores.

    Digital Desk: Zomato Ltd., an Indian food delivery service, on Thursday announced a reduced second-quarter loss thanks to a steady increase in online ordering.

    According to the company's regulatory filing, the combined net loss for the three months ended September 30 was Rs 251 crore ($30.73 million), down from Rs 430 crore a year earlier.

    Operating income increased from Rs. 1,024 crores to Rs. 1,661 crores.

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