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.
Q3 results today: Tata Technologies among 31 companies to announce earnings on Tuesday
Approximately 31 companies will announce their Q3 results, including Tata Technologies, ICICI Prudential Life, and Indiamart. Tata Technologies is expected to report marginal revenue growth