Revenue from operations soared 73.24% to Rs 3,562 crore in Q4 FY24 as compared with Rs 2,056 crore posted in corresponding quarter last year.
Adjusted revenue stood at Rs 3,873 crore in Q4 FY24, up 6% QoQ and up 61% YoY.
Total adjusted EBITDA stood at Rs 194 crore and improved by Rs 369 crore as compared to the same quarter last year. Quick commerce business turned Adjusted EBITDA profitable in the month of March and Hyperpure losses also reduced meaningfully.
In the food delivery business, Gross Order Value (GOV) growth was 28.46% YoY to Rs 8,439 crore during the period under review. Adjusted revenue stood at Rs 2,050 crore in Q4 FY24, registering a growth of 33.98% YoY.
Average monthly transacting customers grew 14.45% to 19 million in Q4 FY24 as compared to 16.6 million...
More News
|