MakeMyTrip Limited Announces Strong Fiscal 2011 Third Quarter Results
MakeMyTrip Limited, India's leading online travel company, today announced its unaudited financial and operating results for its third fiscal quarter ended December 31, 2010.
•Gross bookings(1) for Air ticketing and Hotels and packages combined increased by $87.2 million to $210.6 million, representing growth of 70.7% year over year.
•Number of Transactions for Air ticketing and Hotels and packages combined increased by 58.6% year over year.
•Revenue increased by 56.7% year over year to $35.8 million. Revenue less service cost(2) increased by $6.4 million to $17.3 million, representing a growth of 59.2% year over year.
•Net revenue margin(3) for Air ticketing and Hotels and packages combined remained steady at 7.8%.
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