Zomato share price fell 6% in early trade on Tuesday

Zomato shares declined as much as 5.98% to ₹182.10 apiece on the BSE.

The food delivery platform Zomato reported a consolidated net profit of ₹175 crore

in the fourth quarter of FY24 as against a loss of ₹188 crore in the same period a year ago.

The net profit grew 27% from ₹138 crore posted in the December quarter.

Zomato’s revenue from operations in Q4FY24 increased 73% to ₹3,562 crore from ₹2,056 crore