Zomato Q3 Results: Profit skyrockets 283% QoQ to Rs 138 crore, beats estimates

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Food delivery company Zomato's third-quarter earnings beat the estimates on the back of robust growth in food delivery and hyperpure businesses.

Net profit jumped nearly 4x (283%) quarter-on-quarter (QoQ) to Rs 138 crore. An ET Now poll saw the figure around Rs 36 crore. The company had posted a loss of Rs 34.7 crore in the last year period.

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