(MENAFN– ForPressRelease) May 15, 2024: MakeMyTrip Limited, India’s leading travel service provider, announced its unaudited financial and operating results for its fiscal fourth quarter and full year ended March 31, 2024.
Business & Financial Highlights | Q4 FY24 & Full Year FY24
– Strong growth across Gross Bookings, Revenue and Profit despite low seasonality in leisure travel in Q4.
– Gross Bookings grew by 23.0% YoY in constant currency to $2,039.0 million in Q4 FY24 from $1,673.9 million in Q4 FY23.
– Revenue as per IFRS grew by 38.1% YoY in constant currency to $202.9 million in Q4 FY24 from $148.5 million in Q4 FY23.
– Adjusted Operating Profit registered growth of 70.4% YoY and reached $32.4 million in Q4 FY24 compared to $19.0 million in Q4 FY23.
– Profit for the quarter was $171.9 million, this includes a one-time credit of $126.1 million on recognition of deferred tax assets and a one-time gain of $30.6 million due to the change in…