Zomato Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 32,880 million compared to INR 19,480 million a year ago. Revenue was INR 35,070 million compared to INR 21,210 million a year ago. Net income was INR 1,380 million compared to net loss of INR 3,470 million a year ago. Basic earnings per share from continuing operations was INR 0.16 compared to basic loss per share from continuing operations of INR 0.42 a year ago. Diluted earnings per share from continuing operations was INR 0.16 compared to diluted loss per share from continuing operations of INR 0.42 a year ago.
For the nine months, sales was INR 85,520 million compared to INR 50,230 million a year ago. Revenue was INR 91,640 million compared to INR 55,340 million a year ago. Net income was INR 1,760 million compared to net loss of INR 7,830 million a year ago. Basic earnings per share from continuing operations was INR 0.21 compared to basic loss per share from continuing operations of INR 0.98 a year ago. Diluted earnings per share from continuing operations was INR 20 compared to diluted loss per share from continuing operations of INR 0.98 a year ago.