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Zomato's profit jumps 389% to Rs 176 crore in Q2FY25, revenue stood at Rs 4,799 crore
- Zomato reported a 388.9% increase in profit for Q2FY25, reaching Rs 176 crore.
- Profits declined by 30% compared to the previous quarter, but overall performance remained strong.
- Revenue from operations grew by 68.5% YoY, amounting to Rs 4,799 crore.
- Zomato plans to raise Rs 8,500 crore through a qualified institutional placement to strengthen its balance sheet.
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