Home Business Zomato Shares: Zomato shares leap practically 10 computer after earnings announcement

Zomato Shares: Zomato shares leap practically 10 computer after earnings announcement

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Zomato Shares: Zomato shares leap practically 10 computer after earnings announcement



NEW DELHI: Shares of on-line meals supply platform Zomatoon Friday jumped practically 10 per cent after the corporate reported a consolidated revenue after tax of Rs 36 crore for the second quarter ended September 2023, pushed by sturdy income development. The corporate’s inventory rallied 8.28 per cent to settle at Rs 116.40 on the BSE. Throughout the day, it zoomed 11.62 per cent to achieve its 52-week excessive of Rs 120.
On the NSE, it climbed 9.62 per cent to Rs 117.90.
On traded quantity phrases, 83 lakh shares of the corporate had been traded on the BSE and over 23.88 crore shares on the NSE in the course of the day.
The corporate had reported a lack of Rs 251 crore within the corresponding quarter of the earlier monetary yr.
Within the second quarter of this fiscal, income from operations was Rs 2,848 crore. Within the year-ago interval, it was Rs 1,661 crore.
Whole bills had been Rs 3,039 crore within the quarter beneath evaluate. Within the year-ago quarter, it stood at Rs 2,092 crore, based on a regulatory submitting.
“The expansion momentum we witnessed in Q1FY24 continued in Q2FY24 pushed by wholesome development throughout all our companies,” Founder and CEO Deepinder Goyal mentioned.



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