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ETERNAL LIMITEDInvestor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

29-10-2024 · 02:57 pm

Zomato Limited hosted its Q2FY25 earnings call with management discussing strong business growth despite rising competition. The company reported year-on-year growth above 120%, focusing on expanding beyond the Delhi NCR region. Key points included plans to raise capital up to $1 billion to strengthen the balance sheet and fund store expansions, with a steady increase in Average Order Value (AOV) noted in both food delivery and quick commerce segments. Performance remains resilient despite market challenges.

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