Zomato posts profits for second consecutive quarter; Q2 profit at Rs 36 crore

Zomato, the food delivery firm, reported net profits of Rs 36 crore in the September quarter, its second consecutive profitable quarter. Revenues increased by 67% year-on-year to Rs 3,060 crore, aiding profitability.​“The growth momentum we witnessed in Q1FY24 continued in Q2FY24 driven by healthy growth across all our businesses,” founder and CEO Deepinder Goyal said in a letter to shareholders on Friday. ​​​ Blinkit’s GOV stood at Rs 2,760 crore in Q2

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