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MakeMyTrip Slips Into Red, Posts $5.7 Mn Loss In Q2
Inc42 Media· 2025-10-28 19:50
MakeMyTrip’s net finance cost in the quarter zoomed to $35.9 Mn during the quarter under review as against $500K in the year-ago quarter due to an increase of $24.3 Mn in interest expense on financial liabilities and $11.2 Mn in foreign exchange lossesOperating revenue grew 9% to $229.3 Mn in Q2 from $211 Mn in the year-ago quarterThe Nasdaq-listed company reported a loss of $5.7 Mn during the quarter under review as against a net profit of $17.9 Mn reported in the year-ago quarterOnline travel aggregator ( ...