Shares of Zomato fell by 12 per cent after a 57.2 per cent drop in its consolidated net profit for the December quarter. This decline also impacted Swiggy's shares, which fell by over 10 per cent. Zomato's revenue increased, but total expenses also surged significantly.from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VzAnHZ8
