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Foodtech major Zomato's consolidated net profit zoomed multifold year-on-year (YOY) to INR 253 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25). The Deepinder Goyal-led startup posted its maiden profitable quarter in Q1 FY24, reporting a net profit of INR 2 Cr

On a quarter-on-quarter (QoQ) basis, profit rose nearly 45% from INR 175 Cr.

Revenue from operations jumped 74% to INR 4,206 Cr in Q1 FY25 from INR 2,416 Cr in the corresponding quarter last year. Operating revenue rose 18% from INR 3,562 Cr in Q4 FY24.

Total expenses jumped to INR 4,203 Cr during the quarter under review from INR 2,612 Cr in Q1 FY24.

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