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Hot Pursuit
14-Dec-21
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Zomato appoints deputy CFO and CSO
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Nitin Savara has been appointed as deputy chief financial officer and Anjalli Ravi Kumar as chief sustainability officer of Zomato.
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Zomato added that neither Nitin Savara nor Anjalli Ravi Kumar is designated as a key managerial personnel.
Zomato is one of the leading Food Services technology platforms in India in terms of value of food sold, as of 31 March 2021.
On a consolidated basis, the food delivery company reported a net loss of Rs 434.90 crore in Q2 September 2021 as against a net loss of Rs 229.80 crore in Q2 September 2020. Net sales surged 140.40% to Rs 1,024.20 crore in Q2 FY22 over Q2 FY21. Adjusted revenue in Q2 FY22 stood at Rs 1,420 crore ($189 million), recording a 22.6% growth quarter-over-quarter (Q-o-Q) and 144.9% growth year-over-year (Y-o-Y).
Shares of Zomato were up 1.19% at Rs 144.25.
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