profit-loss account 29

May 13th, 2015
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profit and loss statement describe Profit sharing

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Profit sharingMakemytrip has reported gross booking of $261.98 million for the quarterending September 30, 2012, up 7% year over year (YoY) from grossbooking of $244.95 million in the same quarter last year. Air Tickettransactions declined 9.8% year on year, although gross bookingsincreased by 4.2%, while Hotels & Packages transactions increased by46.8% YoY, leading to a 26.1% growth in gross revenue from the segment.For the quarter, MakeMyTrip reported an adjusted net income of $1.2million, as compared to $1.6 million profit for the same period last year,on a Net Revenue (total revenue less service cost) of $20.15 million, down5.5% from $21.33 million revenues in the same quarter last year.Air Ticketing: Revenue from air ticketing stood at $15.3 million for thequarter, down 19.6% from $19 million in the same quarter last year. Netrevenue (revenue less service co

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