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MakeMyTrip Slips Into Red, Posts $5.7 Mn Loss In Q2
MakeMyTripMakeMyTrip(US:MMYT) Inc42 Media·2025-10-28 19:50

MakeMyTrip’s net finance cost in the quarter zoomed to 35.9Mnduringthequarterunderreviewasagainst35.9 Mn during the quarter under review as against 500K in the year-ago quarter due to an increase of 24.3Mnininterestexpenseonfinancialliabilitiesand24.3 Mn in interest expense on financial liabilities and 11.2 Mn in foreign exchange lossesOperating revenue grew 9% to 229.3MninQ2from229.3 Mn in Q2 from 211 Mn in the year-ago quarterThe Nasdaq-listed company reported a loss of 5.7Mnduringthequarterunderreviewasagainstanetprofitof5.7 Mn during the quarter under review as against a net profit of 17.9 Mn reported in the year-ago quarterOnline travel aggregator ( ...