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Economic Times

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Image Credit: Economic Times

Zomato reports 389% rise in Q2 consolidated net profit: key takeaways

  • Zomato reports 389% rise in Q2 consolidated net profit at Rs 176 crore.
  • Revenues for July-September quarter increase by 68% YoY to Rs 4,799 crore.
  • Zomato aims to raise funds to strengthen its balance sheet and compete with rivals.
  • The company's new app for the going-out business, District, to be live in four weeks.

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