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Haryana -Zomato has been trying to sustain a profit margin during the ongoing Covid-19 pandemic and despite the discounts it offers, it has been able to stay behind the red line saving itself from extreme losses. However, the food delivery giant’s net losses have widened in recent months taking it to Rs 435 crore. Experts are wondering the reasons for this as Zomato’s revenue saw a surge in the second quarter but the decline in the net profit offers a different story. Last year this loss was Rs 230 crore and the double jump within a year is what isHaryana -Zomato has been trying to sustain a profit margin during the ongoing Covid-19 pandemic and despite the discounts it offers, it has been able to stay behind the red line saving itself from extreme losses. However, the food delivery giant’s net losses have widened in recent months taking it to Rs 435 crore. Experts are wondering the reasons for this as Zomato’s revenue saw a surge in the second quarter but the decline in the net profit offers a different story. Last year this loss was Rs 230 crore and the double jump within a year is what is […]