Zomato Reported its Q4FY24 earnings on May 13. The company reported a net profit of Rs 175 crore for the quarter. Revenue rose 73% year on year to Rs 3,562 crore. During the same quarter last year, the company posted a net loss of Rs 188 crore and revenue of Rs 2,056 crore. Zomato’s stock had been surging in the past few months due to rising profitability & growth of Blinkit. In the last one year, the stock has risen 208.7%.

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