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zomato share price: Zomato rises 4% as brokerages show higher appetite for stock post Q2 earnings

Zomato posted a Rs 36-crore profit after tax (PAT) against the estimates of Rs 5-crore loss by ETNow poll. The company had posted a surprise profit of Rs 2 crore in the preceding June quarter and a loss of Rs 251 crore in the year-ago period. ....

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Zomato's second straight quarter of profit sees brokerages raise price targets

Zomato posted a net profit of Rs 36 crore, while revenue grew 71 percent on year to Rs 2,848 crore. The growth comes at a time when the e-commerce sector is facing the inflation heat and muted demand ....

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Zomato Zooms 5% On Strong Q2, Stock Doubles Investors' Money YTD; Know What Analysts Say

Zomato shares rallied over 4.5 per cent to clock a fresh 52-week high of Rs 121.9 apiece; doubles investors wealth 103% YTD ....

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Zomato shares hit one-year high on surprise Q2 profit; stock settles 8% higher

Zomato reported a surprise profit for the second-quarter of the ongoing financial year 2023-24 (Q2 FY24). The company posted a net profit of Rs 36 crore for the quarter ended September 30, 2023. It had reported a loss of Rs 251 crore a year ago.
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Zomato Q2 Results: Profitability improves further to Rs 36 crore; revenue up 71% YoY

Zomato, which mentioned in the previous quarter that its adjusted revenue would compound at a 40%+ growth rate over the next couple of years, reiterated the outlook and is confident of delivering the same. ....

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