FY24 Coal India revenue: โน30672 Crore
FY24 Zomato revenue: โน6274 Crore
Coal India pays more dividend than the revenue of Zomato.
Then why does Zomato have higher valuation than Coal India?
Zomato's Market Cap is more than Coal India's Market Cap
But
Coal India's Total Dividend payment in a year is more than Total Revenue of Zomato
And
Coal India's Tax Paid in a year is more than the Total Profit of Zomato
That's it ....
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 gets GST demand and penalty order of 11.81 cr for the period of July 2017 to March 2021. Meanwhile, Zomato has not disclosed the interest amount applicable to the GST demand in the filing.