Food delivery platform Zomato shares tumbled 6% on 26 October on reports of a block deal.

On 26 October, around 42.4 lakh shares of the company changed hands via block deal. The buyers and sellers involved in this deal are yet to be declared.

According to the latest shareholding report, 54.7% of the company’s shares are owned by FIIs (foreign institutional investors), 10.6% is held by mutual funds, and 3.4% by institutions.

In its quarterly report for the April-June quarter, the company reported a consolidated net profit of Rs 2 crore against the Rs 186 crore net loss reported in the same quarter of the previous fiscal year.

The company reported a 71% year-on-year surge in its revenue from operations at Rs 2,416 crore from Rs 1,414 crore reported in the year-ago quarter.

At 3:30 pm, the shares of Zomato closed 1.76% below at Rs 106.35 on NSE.