Zomato Earns Rs 83 Crore from Platform Fee in FY24

Zomato collected Rs 83 crore from its platform fee, introduced last August, as revealed in its annual report. The platform fee helped drive a 27% increase in Adjusted Revenue, reaching Rs 7,792 crore in FY24. The fee, initially Rs 2 per order and now Rs 6 in key markets, is one of the main factors boosting Zomato’s revenue. The report also noted higher late-night orders from Delhi NCR and breakfast orders from Bengaluru. For investors, this suggests Zomato is effectively enhancing profitability through strategic fee increases.