പ്രതിദിന ടിക്കറ്റ് വരുമാനത്തിൽ ചരിത്രത്തിലെ ഏറ്റവും വലിയ നേട്ടം സ്വന്തമാക്കി KSRTC. സെപ്റ്റംബർ 8-ന് നേടിയത് ₹10.19 കോടി. 2024 ഡിസംബർ 23-ന് ശബരിമല സീസണിൽ നേടിയ ₹9.22 കോടിയെന്ന നേട്ടത്തെയാണ് ഇപ്പോൾ മറികടന്നതെന്ന് മന്ത്രി കെ ബി ഗണേഷ്കുമാർ
#KSRTC#operatingrevenue#KBGaneshKumar
Foodtech major Swiggy reported a 39.1% rise in consolidated net loss, reaching INR 799 Cr in Q3 FY25, compared to INR 574.4 Cr in the same quarter last year.
Despite the rise in losses, Swiggy's operating revenue surged nearly 31%, reaching INR 3,993.1 Cr for the quarter, up from INR 3,048.6 Cr in Q3 FY24.
The company highlighted strong YoY growth across all three of its B2C verticals—food delivery, Instamart, and out-of-home consumption.
#Swiggy#Q3FY25, #FoodTech#Financials#Earnings#FoodDelivery#QuickCommerce#OperatingRevenue#Profit#Revenue#Competition#Financials#India#Inc42
Foodtech major Zomato reported its financial numbers for the third quarter (Q3) of the financial year 2024-25 (FY25) on January 20. Here’re the key takeaways from the reported financials:
The foodtech major’s consolidated net profit declined 57.2% to INR 59 Cr in Q3 FY25 from INR 138 Cr in the same quarter last year. A slowdown in the food delivery segment and increase in Blinkit’s adjusted EBITDA loss due to rising competition in quick commerce were among the major reasons behind the decline in the bottom line.
However, Zomato saw a remarkable 64% surge in operating revenue, which rose to INR 5,405 Cr from INR 3,288 Cr year-on-year, and marked a 12.6% sequential growth from INR 4,799 Cr in the previous quarter.
#Zomato#Q3FY25, #FoodTech#Financials#Earnings#FoodDelivery#QuickCommerce#OperatingRevenue#Profit#Revenue#Competition#Financials#India#Inc42
Foodetch giants @Swiggy and @Zomato have been up against each other for a while now – with both companies fairing rather well in their financials.
In FY24, Zomato outpaced Swiggy with a 71% growth in operating revenue compared to Swiggy's 36%. Zomato earned Rs 6,361 crore from its food delivery services, just ahead of Swiggy's Rs 6,100 crore.
In the grocery delivery segment, Zomato's GMV was Rs 2,310 crore, while Swiggy trailed at Rs 1,100 crore.
Zomato, which went public in 2021, seems to be on the safe side with profits of Rs 351 crore. Comparatively, Swiggy, under Shriharsha Majety, has yet to pull through to the other side, currently witnessing a loss of Rs 2,350 crore. Swiggy recently received approval in April for an IPO.
#zomato#swiggy#fy24#financials#profits#losses#ipo#stocks#listed#startups#indianstartups#gmv#fooddelivery#grocerydelivery#quickcommerce#deepindergoyal#shriharshamajety#revenue#operatingrevenue#foodtech