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Zomato delivers two-fold jump in revenue at Rs 2,960 cr in FY20

The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.

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Zomato expects to make complete recovery over the next 3-6 months while continuing to maintain tight control on costs and profitability, the company said.

Press Trust of India New Delhi

4 min read Last Updated : Jul 10 2020 | 9:38 PM IST

Online food ordering platform Zomato on Friday said its revenue in the last financial year jumped over two fold to $394 million (around Rs 2,960 crore) as compared to 2018-19.

The earnings before interest, taxes, depreciation, and amortization (EBITDA) in the last financial year stood at around Rs 2,200 crore, Zomato said in its performance report.

In 2018-19, the revenue was about Rs 1,440 crore and EBITDA stood at Rs 2,080 crore.

"Moving our business towards profitability was a core focus for us in FY20 and we made significant progress along that journey," Zomato said.

While Covid-19 has impacted the size of the company's

Topics : Coronavirus Zomato online food delivery EBITDA

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