Zomato made โน12,114 crore in FY24, growing 71% mainly through food delivery, Hyperpure, and Blinkit. Despite expenses of โน12,670 crore, including procurement and delivery costs, Zomato turned profitable with โน351 crore profit after tax.
Zomato Finances of this year:::
Revenue: 5405 cr
Expenses: 5533 cr
Loss:128 cr
Non operating income (invested in FD, IPO and from other places): 252 cr
Income- Loss=124 cr
After tax: 59 cr
Means, Zomato is earning from interest and FD's than actual
Is 100 cr enough at early stage to start a company like Zomato. If no thn how much money needed to start a company like Zomato and where can we use of that money.
Zomatoโs Gold Rush
Revenue in FY 2013:
Zomato: 11Cr
Dominosโ India: 1,407 Cr
Revenue in FY23:
Zomato: 7,079 Cr (700x)
Dominoโs India: 5,200Cr (3.5x)
Dominoโs India took a whopping 27 years to reach 0.75 of Zomatoโs Revenue.
Is Zomato selling
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LIKHITH
ย โขย
Medialย โขย 6m
Welcome to Business Stories #3
Zomato's Case Study
โ Introduction
Introduction !? ...Everybody know Zomato ;)
โ Initial Phase Struggles
โScaling: Manganing Expanding operation was a headache
โRevenue:Finding long term income sources
โTech Issue:
Why there is no another Zomato Swiggy happening in the country ? Is it the reason that initially it is a heavy cash burning business or any other reasons ? Also i think another zomato swiggy will happen but it is just too early right now for the ma