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2 min read | Updated on January 21, 2025, 08:16 IST
SUMMARY
Q3 results: B2B online marketplace Indiamart Intermesh, home loan provider PNB Housing Finance, communications platform Tanla Platforms, and NBFC Ashirwad Capital will also declare their earnings for the quarter ended December 2024.
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Q3 results on January 21, 2025.
B2B online marketplace Indiamart Intermesh, home loan provider PNB Housing Finance, speciality fats and butter supplier Manorama Industries, Thrissur-headquartered private sector bank South Indian Bank, communications platform Tanla Platforms, non-banking financial company Ashirwad Capital and mining machinery and equipment manufacturing Eimco Elecon (India) will also declare their earnings for the quarter ended December 2024.
Revenue from operations surged 64.38% to ₹5,045 crore in the quarter under review, compared to ₹3,288 crore in the same period last fiscal year.
The company's quick commerce business Blinkit posted a 117.23% jump in revenue to ₹1,399 crore, compared to ₹644 crore revenue a year back. However, its net loss stood at ₹103 crore.
"The losses in our quick commerce business this quarter are largely on account of pulling forward the growth investments in the business that we would have otherwise made in a staggered manner over the next few quarters," Deepinder Goyal, the CEO of Zomato, said.
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