Zomato Q2 Net Loss Narrows To Rs 251 Crore As Online Orders Jump

Food delivery firm Zomato Ltd reported a smaller second-quarter loss on Thursday, helped by a sustained rise in online ordering.

Consolidated net loss for the three months ended Sept. 30 was Rs 251 crore ($30.73 million), compared with Rs 430 crore a year earlier, the company said in a regulatory filing.

Revenue from operations rose to Rs 1,661 crore from Rs 1,024 crore.

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