Zomato Q4FY23 results show revenue rise from 2121.6 to 2226.5 crores, a 4.94% increase in growth. EPS also dropped from ₹-0.42 to ₹-0.23, down by -45.24%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Zomato Ltd. shared its Q4 results on Friday. They earned 2226.5 crores in revenue this quarter, but that’s higher than the 2121.6 crores they made last quarter. The company’s growth increased by 4.94 percent when comparing the two quarters.
In terms of profits, Zomato Ltd’s PAT (Profit After Tax) for this quarter was -188.2 crores, down from -346.6 crores in the previous quarter. Their quarter-to-quarter growth declined by 45.70 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹-0.23, which is a decrease of -45.24% from the ₹-0.42 EPS in the previous quarter.
Also read: ☞ ” PNB Bank Q4FY23 Results: Standalone PAT Rises to Rs 1864.34 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 7760.9 crores this year (2023), which is 65.57 percent higher than last year’s total revenue of 4687.3 crores.
This year’s PAT (Profit After Tax) is -971.3 crores, which is also 19.64% lower than last year’s PAT of -1208.7 crores.
The EPS (Earnings Per Share) for this year is ₹-1.20, which is 28.14% less than the EPS of ₹-1.67 earned last year.
Zomato Share Dividend Announcement / Record Date:
Not related to distributing a portion of a company’s earnings to shareholders in the form of cash or stock dividends. ( No Dividend Payout )
About Zomato:
Zomato is a multinational restaurant aggregator and food delivery company that originated in India. It was established in 2008 by Deepinder Goyal and Pankaj Chaddah. Zomato serves as a platform that offers comprehensive information, menus, and user reviews of various restaurants. Additionally, it provides food delivery services in collaboration with partner restaurants in over 1,000 cities across India, as of 2022. Zomato has played a significant role in revolutionizing the way people discover and order food, making it a popular choice among consumers in the Indian market.
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