Zomato, the online food and grocery delivery platform, managed to turn a profit for the second consecutive quarter, raking in Rs 36 crore in Q2 FY24 on the back of a seasonal uptick in food delivery order volumes, yet the company's side ventures may prove to be a safer bet for long-term growth.
Dspite bouncing back from an industry-wide slowdown in food delivery two quarters ago, thanks in part to the adoption of its loyalty programme, Zomato Gold, the sustainability.
(With inputs from agencies)