Inc42
Inc42

MMT's Revenue Soars To $67.8 Mn In Q2FY22; Loss Narrows By 50%

MMT's Revenue Soars To $67.8 Mn In Q2FY22; Loss Narrows By 50%
  • 33d
  • 0 views
  • 0 shares

MakeMyTrip posted a total loss of $2.8 Mn in Q2 of FY22 as compared to $5.6 Mn in Q2 of FY21

MMT saw its revenue grow by 216% from $21.4 Mn in Q2 of FY21 to $67.8 Mn in Q2 of FY22

The company's total expenses dropped by 52.5% from $27.08 Mn in Q2 of FY21 to $12.8 Mn in Q2 of FY22.

NASDAQ-listed online travel portal MakeMyTrip has managed to narrow its loss by almost 50% from $5.6 Mn in Q2 of FY21 to $2.8 Mn in Q2 of FY22.

The 21-year-old company saw its total revenue from operations grow by 216% from $21.4 Mn in Q2 of FY21 to $67.8 Mn in three months ended September 2021. Segment-wise, hotels and packages contributed the most in revenue in the ongoing financial year.


Read all the latest updates on COVID-19 here.

Read more
News18
News18

Punjab CM Channi Grants Wishes of Children, Takes Them for Helicopter Ride in Morinda

Punjab CM Channi Grants Wishes of Children, Takes Them for Helicopter Ride in Morinda
  • 2hr
  • 0 views
  • 4 shares

From helping villagers pull out a stray cow to breaking into Bhangra with students, Punjab Chief Minister Charanjit Singh Channi has tried to pull out the right optics in his two-month-long rule.


Read all the latest updates on COVID-19 here.

Read more
Hindustan Times

'Don't want to give him responsibility, he is free-flowing cricketer': Pathan on Kohli's captaincy replacement in RCB

'Don't want to give him responsibility, he is free-flowing cricketer': Pathan on Kohli's captaincy replacement in RCB
  • 4hr
  • 0 views
  • 5 shares

One of the biggest challenge for Royal Challengers Bangalore (RCB) in the impending Indian Premier League (IPL) auction for the 2022 edition will be finding a new skipper as Virat Kohli stepped down from his role at the end if IPL 2021. Former Indian all-rounder Irfan Pathan feels that RCB might not find a captain from among the three players they retain for the 15th season and would rather have to look for a skipper from the auction pool.

Read more

No Internet connection