BAJAJ BROKING

Notification
No new Notification messages
Unimech Aerospace and Manufacturing IPO is Open!
Apply for the Unimech Aerospace and Manufacturing IPO through UPI in just minutes.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Trade Now, Pay Later with up to 4x
Never miss a good trading opportunity due to low funds with our MTF feature.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.

Zomato Q2 Results FY24-25 Highlights: Revenue ₹4,799 Cr, PAT ₹176 Cr

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00

Zomato Limited announced its financial results for Q2 FY24-25, showcasing a solid revenue performance with noteworthy growth in consolidated earnings. The company continues to strengthen its market position, demonstrating consistent growth across its various segments.

Key Highlights/Quick Insights

  • Revenue Growth: Zomato reported consolidated revenue of ₹4,799 crore for Q2 FY24-25, reflecting a significant increase compared to ₹2,848 crore in the same period last year.
  • Net Profit: The company achieved a consolidated profit of ₹176 crore for the quarter, a sharp rise from ₹36 crore in Q2 FY23.
  • Operational Efficiency: Zomato saw a consistent improvement in its gross margins, driven by higher volumes in the food delivery and Hyperpure segments.

ZOMATO LIMITED

Trade

274.850.89 (0.32 %)

Updated - 24 December 2024
277.00day high
DAY HIGH
269.10day low
DAY LOW
37011994
VOLUME (BSE)

Quarterly - Zomato Q2 Results FY24-25

Zomato's consolidated revenue for Q2 FY24-25 stood at ₹4,799 crore, reflecting an impressive year-on-year growth of 68.5%. The company’s profit before tax (PBT) was ₹237 crore, significantly higher compared to the modest ₹21 crore in Q2 FY23.

The primary driver of this revenue growth was the food delivery segment, followed by the robust performance of Hyperpure, Zomato’s B2B supplies vertical. Increased consumer demand and operational efficiencies further contributed to the profit surge.

Key Financial Figures (₹ in Crores):

Metrics

Q2 FY24-25

Q2 FY23-24

Y-o-Y Change (%)

Revenue from Operations

4,799

2,848

68.50%

Other Income

221

212

4.20%

Total Income

5,020

3,060

64.10%

Total Expenses

4,783

3,039

57.40%

Profit Before Tax

237

21

1028.60%

Net Profit

176

36

388.90%

EPS (Basic)

0.2

0.04

-

Segment Highlights

1. Food Delivery

Zomato's food delivery business recorded a revenue of ₹2,012 crore in Q2 FY24-25, growing significantly from ₹1,546 crore in the same quarter last year. This segment accounted for the majority of Zomato's consolidated revenue and continued to drive growth through an increased number of orders and higher average order value.

2. Hyperpure (B2B Supplies)

Hyperpure, Zomato's farm-to-fork supplies initiative, saw a strong revenue growth of 97.7%, reaching ₹1,473 crore compared to ₹745 crore in Q2 FY23-24. This vertical benefited from an increase in the number of restaurants using Zomato's supply chain services.

3. Quick Commerce

The Quick Commerce segment contributed ₹1,156 crore to the total revenue, a 128.8% year-on-year increase from ₹505 crore in Q2 FY23-24. The rapid expansion of this segment reflects Zomato's focus on providing faster delivery services.

Sector Expectations for Zomato Q2 Results FY24-25

Zomato’s Q2 results surpassed industry expectations, driven by its focused efforts in expanding its B2B business and enhancing the overall consumer experience in food delivery. The revenue growth in Quick Commerce and Hyperpure segments showcases the company’s strategic positioning in high-growth verticals, aligning with sector trends favoring e-commerce and quick delivery solutions.

Management Commentary

Zomato’s management expressed confidence in the company’s future growth, citing operational efficiency, segment-wise diversification, and strong consumer demand as key factors for sustaining profitability. The company aims to strengthen its leadership position in the food delivery sector while continuing to grow its B2B and quick commerce segments.

Conclusion

In conclusion, Zomato’s impressive Q2 FY24-25 performance, with notable revenue growth and a sharp increase in profitability, underscores the company's resilience and strategic expansion. With continued focus on operational efficiency and market leadership, Zomato is well-positioned for sustained growth across its key business segments. As consumer demand for food delivery and quick commerce services increases, Zomato’s diversified offerings will likely drive further success in the coming quarters. 

Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://bit.ly/3Tcsfuc

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

8 Lacs+ Users

icon-with-text

4.4+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4700+ Cr MTF Book

icon-with-text