Foodtech and quick commerce platform Zomato have released their financial results for the first quarter of the current financial year (Q1 FY25). The Gurugram-based company posted an 18.1% increase in revenue with a 44.6% growth in profit.
Zomato's food and delivery biz, which accounted for 46.17% of total collections in FY25, grew by 11.7% to Rs 1,942 crore in FY25. Revenue from Hyperpure Supplies (B2B) and Quick Commerce vertical (Blinkit) grew by 27.4% and 22.5% to Rs 1,212 crore and Rs 942 crore, respectively.

Zomato's revenue from operations grew to Rs 4,206 crore in the first quarter of FY25, according to consolidated financial results from the National Stock Exchange (NSE).

Income through "going out" and other non-operating income increased Zomato Group's total revenue to Rs 4,442 crore in Q1FY25.

Being a food tech major, delivery and related charges accounted for 31.6% of total expenses, up 18.8% to Rs 1,328 crore in Q1FY25. The firm's expenditure on procurement, employee benefits, advertising and marketing increased from Rs 3,636 crore in FY24 to Rs 4,203 crore in FY25.

On a per unit level, the company spent Rs 0.99 to earn Rs 1 in Q1FY25. With a steady gain in market cap, the food tech firm gave its employees an additional $458 million ESOP plan.