Zomato Revenue Breakup 2024 – How Zomato Makes Money?

Zomato is an Indian food delivery platform which is a user-friendly app that allows customers to uncover the restaurant and order their favorite food online from their favorite restaurant, and also access all information. But have you ever  tried to know about the Zomato Revenue Breakup, and how Zomato makes money? So let’s discuss this in detail in this blog. 

Overview

Zomato makes money from its food delivery business. And this business is giving its restaurants a commission on each order. The company also earns revenue from the advertisement on its platform. 

Zomato’s is a B2B supply arm, and it generates revenue from selling restaurant supplies to the restaurants. And you have also heard about Blinkit, Zomato's quick commerce arm, which generates revenue from selling groceries and other essentials to customers.

Is Zomato in Profit or Loss

So the overall Zomato turn round to a profit of Rs. 175 Crore in the March quarter from the loss of Rs. 188 Crore in the corresponding year early period but as the revenue is from process enhanced the is to be Rs. 3,582 Crore in Indian Rupees from Rs. 2058 Crore in Indian Rupees.

However, for the full 2023 to 24 financial year, Zomato broadcasted a profit of  Rs. 351 Crore as compared with the losses of Rs. 971 Crore in the year before. 

As Zomato turned its first full-year profit, so now it’s doubling down on its rapidly growing quick commerce business Blinkit, and it’s aiming to add 100 dark stores by June. 

Blinkit's gross order value surged 97% in the March quarter, with the revenue more than doubling from the year earlier to reach Rs. 769 Crore in Indian Rupees. So Blinkit has turned profitability on an adjustment of the losses, as the company said.

Overall, Zomato is an Advantageous company with a strong food delivery business.  Nowadays, the company has a quick commerce arm, Blinkit, which is still struggling. 

Zomato Revenue Segments

As we all know Zomato is a leading on-demand food delivery platform that has revolutionized how people discover and enjoy food. Then let’s research how Zomato operates, its revenue stream, and its business model in a streamlined way.  

The total revenue generated by Zomato in FY 22 was  4192 crores in Indian rupees, and their turnover in FY 2023 was 7079 crore in Indian Rupees.

Food Delivery

Zomato is the online food delivery market that is expanding at a 15.4% annual growth rate, a project that is to be completed by 2025.

• It charges a 20-25% commission for the individual restaurant for each order placed. 
• In some regions, the commission rate may range from 5-7%. Now Zomato is in profit as we have mentioned in the above blog.

Hyperpure

Zomato is a B2B platform for kitchen supplies. It is an end-to-end restaurant supply chain solution. And the operation is a one-stop-shop for the HoReCa (Hotel, Restaurants, and caterers) industry. 

• The kitchen infrastructure service is offered by Zomato. 
• They work only with certain restaurant owners, who really want to expand their business to more locations at the minimum cost. 
• The collection from its hyperpure 

Quick Commerce (Blinkit)

Zomato was in loss but when they came with Blinkit the success was largely driven by its quick commerce segment, which demonstrated remarkable growth.

• Blinkit reported a 145% YoY increase in revenue, which is reaching 942 Crore in Indian rupees in Q1FY25.
• Segment gross order value doubled YoY, which is hitting 4923 crores in Indian Rupees.

Going-Out

Zomato going out business, is also making revenue from events, dining, and ticketing which is flourishing which has never before like this,

• Zomato is generating 95 crore in Indian rupees. 
• It is a modified revenue during the June quarter of FY25, with an outstanding 126.2%  YoY growth.

Also, Check - ITC Revenue Breakup 2024

Conclusion

In conclusion, the workflow of Zomato and its business model is perfect. As it sets the best example for those who want to capture the market in its early stages.  Zomato is a platform that saves users time and also offers convenience at each level from online ordering of the food to payment to doorstep delivery. 

Zomato has covered all losses of 2023 because of the Blinkit and so Zomato is in Profit and the reason is Blinkit. We hope our research on Zomato Revenue Breakup is informative and useful.