Makemytrip Limited Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 24, 2019 at 06:15 am
Share
MakeMyTrip Limited reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, total revenue was $124,815,000 against $172,477,000 a year ago. Loss from operating activities was $36,579,000 against $48,168,000 a year ago. Loss for the period was $29,294,000 against $45,348,000 a year ago. Loss per basic and diluted share was $0.28 against $0.45 per diluted share a year ago.
For nine months, total revenue was $365,834,000 against $517,450,000 a year ago. Loss from operating activities was $121,959,000 against $177,747,000 a year ago. Loss for the period was $127,490,000 against $175,336,000 a year ago. Loss per basic and diluted share was $1.23 against $1.75 a year ago.
MakeMyTrip Limited is an online travel provider. The Company's segments include Air Ticketing, Hotels and Packages and Bus Ticketing. The Air ticketing segment provides the facility to book domestic and international air tickets through Internet-based platforms. The Hotels and packages segment provides holiday packages and hotel reservations through Internet-based platforms, call centers, and franchise stores. The Bus ticketing segment provides the facility to book domestic and international bus tickets through Internet-based platforms. Through its primary websites, such as www.makemytrip.com, www.goibibo.com, and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India, as well as overseas. The Company's services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, activities and experiences, and ancillary travel requirements. It also provides an inter-city car rental service.
MAKEMYTRIP LIMITED 
