Focusing for now on growth, not on making profits: Zomato

Written By Unknown on Jumat, 26 September 2014 | 14.02

Zomato has made four acquisitions in the last three months in what Deepinder Goyal, founder & chief executive officer says is the company's big expansion strategy.

Deepinder Goyal, founder & chief executive officer, Zomato says the company is not focusing on turning EBITDA positive but on growing for now. Goyal's company has made four acquisition in three months in what Goyal says is the company's big expansion strategy.

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Info Edge stock price

On September 26, 2014, at 12:31 hrs Info Edge India was quoting at Rs 856.20, down Rs 20.9, or 2.38 percent. The 52-week high of the share was Rs 976.00 and the 52-week low was Rs 305.60.


The company's trailing 12-month (TTM) EPS was at Rs 11.58 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 73.94. The latest book value of the company is Rs 64.45 per share. At current value, the price-to-book value of the company is 13.28.


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