Zomato reports numbers for going-out vertical; Q2 revenue at Rs 49 crore

Food and grocery delivery platform Zomato, for the first time, reported metrics for its going-out business, which includes dining out and events, separately for the quarter ended September 30. The company reported a revenue of Rs 49 crore from this business line for the period, an 88% year-on-year growth.

The gross order value (GOV) for this vertical more than doubled from the year-ago period to Rs 682 crore.

While in the September-quarter letter to shareholders, Zomato chief executive Deepinder Goyal said there was no meaningful update on this business line, he had said in the last quarter that the combination of dining out, and events and ticketing could be the “fourth large business coming out of Zomato.”


For Zomato, the going-out business reported Rs 1 crore in earnings before interest, taxes, depreciation and amortisation (Ebitda), down from Rs 3 crore in the previous quarter, but up from a negative Ebitda of Rs 11 crore in the same period last year.

In November last year, the company rolled out Zomato Pay – the third iteration of its dining out feature. Through Zomato Pay, customers are able to make payments at partner restaurants through the Zomato app. The programme also allows users to avail of discounts and cashbacks.

Under its ticketing and events business, Zomato offers ticket-booking services for events, while it also organises its food festival Zomaland.