India: Zomato to release earnings once every financial year

India: Zomato to release earnings once every financial year

Photo: Mint

Food delivery aggregator Zomato announced that from now on it will do earnings calls once every year, at the end of each fiscal. The announcement came immediately after the company shared its Q1 results on Tuesday.

Deepinder Goyal-led company reported a consolidated loss of ₹356.2 crore during the quarter ended June 30, 2021. It had posted a net loss of ₹99.8 crore for the corresponding period of the previous fiscal.

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