Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Revenue from air ticketing business increased by 25.6 percent in
July-September period, driven primarily due to the robust travel demand in
India, the company said.
The continued
increase in demand for travel in India led to travel platform MakeMyTrip report
profit of $17.9 million during the September quarter of FY25, up from $2
million during the same period a year ago.
The company's revenue (as per International Financial
Reporting Standards) grew by 26.5 percent year-on-year (YoY)
at $211.0 million in the second quarter of FY25 from $168.7 million
in Q2 FY24.
"The increase
in revenue was primarily due to the robust travel demand in India for both
domestic and international outbound travel in the quarter ended September 30,
2024 as compared to the quarter ended September 30, 2023,"
said Rajesh Magow, Group Chief Executive Officer, MakeMyTrip.
Magaow added that the company achieved
sustained growth in a seasonally slow quarter.
"Revenue from our air ticketing business increased
by 25.6 percent to $61 million in Q2 from $48.6 million July-September
period a year ago. The segment's growth was driven primarily due to the robust
travel demand in India for both domestic and international outbound travel in
the quarter ended September 30, 2024," the company said in its earnings
release
The continued
increase in demand for travel in India led to travel platform MakeMyTrip report
profit of $17.9 million during the September quarter of FY25, up from $2
million during the same period a year ago.
The company's revenue (as per International Financial
Reporting Standards) grew by 26.5 percent year-on-year (YoY)
at $211.0 million in the second quarter of FY25 from $168.7 million
in Q2 FY24.
"The increase in revenue was primarily due to the
robust travel demand in India for both domestic and international outbound
travel in the quarter ended September 30, 2024 as compared to the quarter ended
September 30, 2023," said Rajesh Magow, Group Chief Executive
Officer, MakeMyTrip.
Magaow
added that the company achieved sustained growth in a seasonally slow quarter.
"Revenue from our air ticketing business increased by 25.6 percent to
$61 million in Q2 from $48.6 million July-September period a year ago. The
segment's growth was driven primarily due to the robust travel demand in India
for both domestic and international outbound travel in the quarter ended
September 30, 2024," the company said in its earnings release.
