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Despite 22% revenue surge, MakeMyTrip India posts Rs 351 cr loss

Despite 22% revenue surge, MakeMyTrip India posts Rs 351 cr loss

Wednesday, March 22, 2017, 7:32 AM

MakeMyTrip (India), that contributes about 85% revenues of its parent company MakeMyTrip, has posted a net loss of Rs.351 crore for the FY2015-16, down from a net profit of Rs.5.8 crore for the previous year, as per the company’s RoC filings. India subsidiary of MakeMyTrip has posted the loss despite revenue surge of 22% to Rs.1,919 crore in FY16 from Rs.1,573 crore in FY15.
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