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Zomato Records First Profit with 70% Revenue Increase in Q1

  • The company achieved consolidated adjusted EBITDA of Rs 12 crore for the April-June quarter.
  • Analysts had predicted an EBITDA loss of up to Rs 200 crore.
  • The adjusted revenue net of quick commerce business rose by 33 per cent YoY to Rs 2,402 crore.
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