Food delivery firm Zomato's quarterly loss narrows

Zomato's consolidated net loss narrowed to Rs 63 crore for the three months ended December 31

Revenue from operations rose to Rs 1,112 crore from Rs 609 crore. Credit: Reuters File Photo

Food delivery firm Zomato Ltd reported a smaller third-quarter loss on Thursday, helped by a gain, while revenue jumped due to increased demand for restaurant meals.

The company's consolidated net loss narrowed to Rs 63 crore ($8.42 million) for the three months ended December 31, from Rs 353 crore a year earlier.

Revenue from operations rose to Rs 1,112 crore from Rs 609 crore.

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