Zomato's ad spends up 20% in Q1FY25

The advertising & promotion expenses stood at Rs 340 crore

by Team PITCH
Published - August 02, 2024
1 minute To Read
Zomato's ad spends up 20% in Q1FY25

Zomato's standalone spending on advertisement has increased by 20% to Rs 340 crores in the quarter ended June 2024. This figure stood at Rs 330 crores in January-March 2024 quarter (Q4'24)

The online food delivery platform's standalone revenue from operation stood at Rs 2,048 crore between April to June quarter in FY25, comapred to Rs 1,420 crore in the same period last fiscal.

The standalone net profit of Zomato in the first quarter of FY 2025 stood at Rs 470 crore, up from Rs 276 crore in the same period in FY24.

EBITDA for the quarter stood at Rs 177 crore. The company's B2C segments including food delivery, quick commerce and going-out—experienced a Gross Order Value (GOV) growth of 53 per cent year-on-year (14 per cent quarter-on-quarter), reaching Rs 15,455 crore. Specifically, food delivery GOV increased by 27 per cent YoY (10 per cent QoQ), quick commerce surged by 130 per cent YoY (22 per cent QoQ) and going-out GOV rose by 106 per cent YoY (19 per cent QoQ), according to the company’s official statement.

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