During the quarter, net profit soared 283.33% from Rs 36 crore posted in Q2 FY24.
Revenue from operations jumped 68.78% to Rs 3,288 crore in Q3 FY24 as compared with Rs 1,948 crore posted in corresponding quarter last year.
Adjusted revenue stood at Rs 3,609 crore in Q3 FY24, up 12% QoQ and up 53% YoY.
Total adjusted EBITDA stood at 125 crore and improved by Rs 390 crore in the third quarter of FY24 as compared with EBITDA loss of Rs 175 crore in Q3 FY23.
In the food delivery business, Gross Order Value (GOV) growth was 27% YoY to Rs 8,486 crore during the period under review. Adjusted revenue stood at Rs 2,025 crore in Q3 FY24, registering a growth of 29.39% YoY.
Average monthly transacting customers grew 2.17% to 18.8 million in Q3 FY24 as compared to 18.4 million i...
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