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Mohd Rihan

Student • 1m

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 business...🥲

2 replies5 likes

Replies (2)

Havish Gupta

Figuring Out • 1m

Exactly, the core business is still unprofitable and would continue to be for a long time

0 replies

Priyansh Khimani

AI Automation | Grow... • 1m

Zomato's core business is still struggling to turn a real profit, and it's relying more on interest and financial investments to stay in the green. With losses from operations at ₹128 Cr but non-operating income saving them, does this indicate a weak business model or just a strategic financial play? Also, with Blinkit expansion plans, will they finally achieve sustainable profitability, or is this just another cash-burning phase? What do you guys think?

0 replies

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zomato profits are from fd Zomato recently reported a net profit of ₹39 crore, primarily attributed to earnings from fixed deposits (FDs). Specifically, the company earned ₹252 crore from FDs while incurring an operational loss of ₹213 crore. This f

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