ETERNAL LIMITED — Results, 20-01-2025: Integrated Filing- Financial

Zomato Limited reported its consolidated financial results for the quarter and nine months ending December 31, 2024. The company generated total income of ₹5,657 crore with a net profit of ₹59 crore for the quarter. During this period, Zomato allotted over 336 million equity shares through a Qualified Institutional Placement (QIP), raising ₹8,500 crore. The company faced tax demand orders from GST authorities totaling ₹401 crore but remains optimistic about its case. Investor sentiment might view this as a potential risk due to ongoing regulatory discussions, but the increase in operational capital from the QIP could improve Zomato's strategic initiatives.