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The Times of India
The Times of India
Business
PTI

Zomato shares jump over 14%, hit 52-week high after posting first-ever quarterly profit

NEW DELHI: Shares of online food delivery firm Zomato Ltd zoomed over 14 per cent in morning trade on Friday, after the company reported its first-ever consolidated profit after tax of Rs 2 crore in the April-June quarter of 2023-24.

The stock jumped 14.11 per cent to reach its 52-week high of Rs 98.39 on the BSE.

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