Netizen teases Zomato CEO on reporting first-ever net profit; here's how he reacted

For the first time ever, food and grocery delivery platform Zomato turned profitable in the first quarter of FY24. The company reported a profit of Rs 2 crore for the quarter ending June 2023 against a loss of ₹186 crore Y-O-Y.

Once the quarterly results came out, social media was filled with congratulatory messages, memes and jokes. Zomato's CEO and Founder Deepinder Goyal found one particular tweet amusing. A twitter user had tweeted, “On lighter note: 2 crore mujse le leta bhai, etna ghar ghar jaake khana deliver karne ki kya zaroorat thi" (On a lighter note: You could have borrowed Rs 2 crore from me. What was the need to go from house to house delivering orders?)

On lighter note: 2 core mujse le leta bhai, etna ghar ghar jaake khana deliver karne ki kya zaroorat thi 😜

— Veerendra Hegde (@hveerendra) August 3, 2023

Impressed by the humour Deepinder Goyal replied, "Tweet of the day. ROFL!”

Tweet of the day. ROFL! https://t.co/LPJJ86YEyq

— Deepinder Goyal (@deepigoyal) August 3, 2023

Meanwhile many industry leaders including Paytm CEO Vijay Shekhar Sharma congratulated Zomato for hitting a milestone. MoS Rajeev Chandrasekhar too appreciated the company and called Zomato a bright beacon for all investors and startups.

Also Read: Zomato Q1 results: Food delivery platform's revenue rises 70%, turns profitable for the first time

Its not just the industry and government big-shots who acknowledged Zomato's achievement. Investors too seemed to be impressed with the quarterly results. Zomato's shares zoomed over 14% in the morning trade on Friday.

The stock jumped 14.11% to reach its 52-week high of Rs 98.39. Zomato shares listed on the bourses in July 2021 at ₹115.00 against issue price of ₹76.