Travel services provider MakeMyTrip on Tuesday said its EBITDA grew 105.6 per cent to USD 29.4 million in the December quarter as compared to USD 14.3 million in the same period last fiscal.
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The NASDAQ-listed firm said it delivered its highest-ever quarterly gross bookings, revenue and profit on the back of strong travel demand during this seasonally strong quarter.
Gross bookings grew 21.7 per cent in constant currency to USD 2,088.3 million in the October-December period from USD 1,738.2 million in the year-ago period.
The revenue as per International Financial Reporting Standards (IFRS) grew 26.9 per cent year-on-year in constant currency to USD 214.2 million in the third quarter of the ongoing fiscal from USD 170.5 million a year ago, the company stated.
Its adjusted operating profit registered 69.5 per cent growth to USD 33.4 million in the third quarter. EBITDA, or earnings before interest, taxes, depreciation, and amortisation, is…
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