According to experts, food delivery giant Zomato is anticipated to report a significant increase in both revenue and net profit for the September quarter of FY 2024-25.

Online food delivery platform Zomato is slated to release its second quarter (Q2FY25) results on Tuesday, October 22, 2024. Ahead of the results, brokerages tracked by Business Standard have estimated Zomato's profit after tax (PAT) on an average to see a robust increase of 749 per cent year-on-year (Y-o-Y) to Rs 305.

Zomato is set to report a substantial increase in its September quarter net profit, with estimates ranging from 585% to 662% year-on-year growth. Revenue is also expected to rise by 61% to 80%. The earnings announcement will be made on Tuesday.

Other prominent players scheduled to release the September quarter results include Indus Towers, Varun Beverages, Olectra Greentech and Adani Energy Solutions.

On Tuesday, October 22, a number of companies will release their financial results for the quarter that ended in September 2024. Major corporations include food aggregator Zomato, department store chain Shoppers Stop, bottling giant Varun Beverages, and non-banking financial company (NBFC) Bajaj Finance.