Zomato Q2 net loss narrows to Rs 251 cr due to increase in online orders

Food delivery firm Zomato Ltd on Thursday reported a marginal decline in the second quarter, driven by continued growth in online orders.

The company said in a regulatory filing that consolidated net loss for the three months ended September 30 stood at Rs 251 crore ($30.73 million), as against Rs 430 crore a year ago.

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

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