Zomato is expected to report tepid sequential revenue growth for the quarter ended March, mainly on account of lower food delivery orders. Revenue is seen growing by a meagre 2.2% quarter-on-quarter to Rs 1,991 crore. However, revenues for the quarter are seen growing 64% year-on-year. Losses for the quarter are likely to shrink, when compared with the preceding December quarter, to Rs 345 crore, according to analysts estimates.
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In the five trading sessions prior to March 7, the Sensex rose by around 1.5%, or 1,134 points, closing at 74,333. The market ended on
March 8, 2025