ETERNAL LIMITED — Important, 22-10-2024: Updates

Zomato Limited reported strong growth in its Q2 FY25 results, with a 55% YoY increase in Gross Order Value (GOV) and a 58% YoY rise in adjusted revenue. Food delivery GOV grew by 21%, while quick commerce surged 122% YoY. The company added 152 stores and 7 warehouses, emphasizing future margin expansion after initial investments. A new app for the Going-out business is expected within four weeks. The cash balance decreased due to the acquisition of Paytm’s entertainment ticketing business.