FY24 Coal India revenue: ₹30672 Crore
FY24 Zomato revenue: ₹6274 Crore
Coal India pays more dividend than the revenue of Zomato.
Then why does Zomato have higher valuation than Coal India?
🚨 Zomato is Planning To Raise Over ₹4185 Crore Through QIP as Per Media Reports
Zomato Has Cash Reserves of ₹12,539 Crore
Swiggy’s IPO Size is Around ₹11,664 Crore
Zomato Being Aggressive, Crucial Timings
Zomato Invests 500Cr in BlinkIt.
Zomato has been raising heavy cash recently whose consequence is this. Remember What deepinder said ? " BlinkIt will be bigger than Zomato ". He seems to be very bullish over Qcom ( BlinkIt )
What's Your Views on
Zomato Tata Motors
M. Cap: ₹2.78T ₹2.71T
Revenue ₹12,961 ₹4,37,900
Profit ₹351Cr ₹31,806Cr
Tata Motors profit is more than Zomato's revenue but Market cap of Zomato is greater than Tata Motors.
Profits and Revenue d
Zomato made ₹12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of ₹12,670 crore, including procurement and delivery costs, Zomato turned profitable with ₹351 crore profit after tax.