Zomato reported Q3 Results on February 09, 2023. The company declared loss widens to Rs 347 crore, revenue jumped 75% YoY to Rs.1,948 crores.

Zomato reported Revenue from Operations of Rs.1,948 crores in the December quarter of FY23 up 75% YoY. It was Rs.1,112 crores in Q3 FY22. 

Zomato reported Adjusted EBITDA loss reduced to Rs 265 crores as compared to Rs 272 crores in Q3FY22 a year ago.

Zomato reported Adjusted EBITDA margin improved to -11% in Q3FY23 as compared to -19% a year ago. 

Zomato reported a consolidated net lossof Rs.347 crores against Rs 63 crore in the same quarter last year. 

Zomato reported the gross order value (GOV) growth was 22% YoY and 1% QoQ.  

Zomato reported growth in revenue per order led to a higher adjusted revenue (for food delivery) growth of 30% YoY.

Zomato added 23.0 million new customers in CY22 as compared to 23.6 million in CY21. These are customers who placed at least 1 order on Zomato in the year.

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