#stockmarket #stockrecommendation #zomato
After consistently reducing losses quarter after quarter, Zomato posted its first-ever profit in the June quarter. Given the strong growth outlook for both food delivery and quick commerce verticals, the company is set to breakeven in the next four quarters, according to Sneha Poddar of Motilal Oswal Securities.
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After consistently reducing losses quarter after quarter, Zomato posted its first-ever profit in the June quarter. Given the strong growth outlook for both food delivery and quick commerce verticals, the company is set to breakeven in the next four quarters, according to Sneha Poddar of Motilal Oswal Securities.
► Subscribe to The Economic Times for the latest video updates. It's free! - https://www.youtube.com/TheEconomicTimes?sub_confirmation=1
► More Videos @ ETTV - https://economictimes.indiatimes.com/TV
► https://EconomicTimes.com
► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/EconomicTimesApp
Follow ET on:
► Facebook - https://www.facebook.com/EconomicTimes
► Twitter - https://www.twitter.com/economictimes
► LinkedIn - https://www.linkedin.com/company/economictimes
► Instagram - https://www.instagram.com/the_economic_times
► Flipboard - https://flipboard.com/@economictimes
#news #latestnews #economictimes #ET #TheEconomicTimes #businessnews
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