BENGALURU (Reuters) – Indian 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 632 million rupees ($8.42 million) for the three months ended Dec. 31, from 3.53 billion rupees a year earlier.
Revenue from operations rose to 11.12 billion rupees from 6.09 billion rupees.
($1 = 75.0250 Indian rupees)
(Reporting by Anuron Kumar Mitra in Bengaluru; Editing by Vinay Dwivedi and Sriraj Kalluvila)
