When are Zomato’s Q2 Results Coming?
Zomato is set to announce its Q2 results soon, generating anticipation among investors. The company has shown significant growth in its recent performance, leading to increased interest in its upcoming financial disclosures.
About the Zomato
Zomato is a prominent player in the food delivery and quick commerce sectors, offering services that cater to a diverse customer base. The company has expanded its operations and revenue streams, demonstrating resilience in a competitive market.
Last Year’s Quarterly Performance
In Q1 FY25, Zomato reported an impressive 74% year-over-year increase in consolidated revenue, reaching ₹4,206 crore, with an 18% quarter-over-quarter growth. The gross order value (GOV) surged by 53% to ₹15,455 crore, showcasing robust performance across its segments. Notably, food delivery GOV grew by 27% year-over-year, quick commerce GOV rose by 130%, and going-out GOV increased by 106%. Additionally, its B2B division, Hyperpure, saw revenue growth of 96% year-over-year, reflecting improved profitability.
Today’s Zomato Share Price
On Monday, Zomato’s shares experienced a rally ahead of the Q2 results announcement, rising by up to 3.7% to reach an intraday high of ₹267 on the NSE. Despite a low of ₹254.5 earlier in the day, the stock rebounded and closed at ₹265.1, marking a 2.99% increase.