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.
The NASDAQ-listed firm said it delivered its highest-ever quarterly gross bookings, revenue and profit on the back of strong travel
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.
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.
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 an alternative measure of a company’s overall financial performance.
“During this seasonally strong quarter,…