In depth view into MakeMyTrip Revenue (Quarterly) including historical data from 2010, charts, stats and industry comps. MakeMyTrip has generated revenue of $146.9 million in the third quarter of FY 2019-2020 wherein, it was recorded $118 million in the second quarter of the same financial year. Makemytrip (MMYT) Recent Earnings. The travel bans and quarantine requirements have had a significant negative impact on the travel industry. For fiscal year 2020, adjusted revenue also reached a … MAKEMYTRIP LIMITED (Translation of registrant’s name into English) ... 2020. However, this is a significant drop of nearly 82.2% as compared to Q2FY20, which generated $118 million in revenue. Nasdaq listed MakeMyTrip Limited (MMYT) generated revenues of $21.1 million in the fiscal second quarter of 2021 ended September 30, a decrease of 82.2% Gross Bookings (5) increased 20.6% YoY in 2Q20 to $1.5 billion. The graph here shows the Top 4 countries that are affected by the pandemic. In hotels business, the company had introduced free cancellations and enhanced pay later options to ease the customer’s future bookings. The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. The company also canceled all discretionary spending like events and training and suspended brand-building expenses. In the third quarter of FY 2019-2020, its revenue increased from $118 Million in Q2 to $146.9 Million. Our Q3 adjusted … Total Adjusted Revenue falls to $137.2 million in the quarter ended March 31, 2020 from $163.3 million in the same quarter last year India stands at the fourth place currently in total cases and it’s also third in active cases. Total Adjusted Revenue falls to $137.2 million in the quarter ended March 31, 2020 from $163.3 million in the same quarter last year According to Worldometersinfo, 10.6 million people have got COVID-19 as of writing this article. The company's adjusted operating loss was $12.9 million in the second quarter of 2021 versus a loss of $19.3 million in the second quarter of 2020, reflecting an … However, this is a significant drop of nearly 82.2% as compared to Q2FY20, which generated $118 million in revenue. For the quarter ending 30 September 2019, MakeMyTrip reported revenue worth $118 Million. The impact of COVID-19 has drastically curtailed travel demand in terms of consumer sentiment and their ability to travel. Last Friday, India-based online travel company MakeMyTrip (NASDAQ: MMYT) reported its fourth quarter 2020 results. Makemytrip (MMYT) reported a 2nd Quarter September 2020 loss of $0.20 per share on revenue of $21.1 million.. Revenue fell 82.2% compared to the same quarter a year ago. — MakeMyTrip Limited (NASDAQ: MMYT) reported a third-quarter 2020 adjusted loss of $0.15 per share versus a loss of $0.26 per share expected.— Total revenue grew by 18% to $146.89 million versus $199.52 million expected. But the analysts are intensifying their growth estimates for the 2020 fiscal year. Last Friday, India-based online travel company MakeMyTrip (NASDAQ: MMYT) reported its fourth quarter 2020 results. However, MakeMyTrip expects that leisure and discretionary travel to gradually bounce back in India and other parts of the world once the virus is adequately controlled or when a vaccine is developed. In depth view into MakeMyTrip Revenue (TTM) including historical data from 2010, charts, stats and industry comps. MakeMyTrip Ltd is an online travel company in India. Salary cuts were also announced across all its group companies – MakeMyTrip, Goibibo, and redBus – in the same month to sustain their business for the long term. MakeMyTrip revenue scales to over 25% in Q2. April 28, 2020. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Current and historical p/e ratio for MakeMyTrip (MMYT) from 2010 to 2020. The Government of India implemented the lockdown from March 25, 2020. Travel, tourism, and hotel are some of the worst affected industries because of the global pandemic. MakeMyTrip Limited (MMYT) Q4 2020 Earnings Call Transcript ... was over 21% year-on-year for the first nine months of fiscal 2020. New York, June 23, 2020 -- New Delhi and New York, June 23, 2020 MakeMyTrip Limited (Nasdaq:MMYT) plans to report its fiscal 2020 fourth quarter and full year results before. In March, MakeMyTrip announced that it will sharply reduce variable costs like advertising, sales promotions and payment gateway costs, along with optimizing IT infrastructure and expenses relating to the functioning of its offices and other establishments. For the past week, the number of new cases has exceeded 160,000 on every single day"-@DrTedros. MakeMyTrip’s Q4 financial results reflected the decreased revenues in air ticketing, hotels and packages segments and a slowdown in bus ticketing revenue growth. MakeMyTrip Limited is based in Gurgaon, India. Revenue reduced 12.7% annually in the fourth fiscal quarter. MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2020 FOURTH QUARTER AND FULL YEAR RESULTS Financial Highlights for Fiscal 2020 Fourth Quarter and Full Year (Year over Year (YoY) growth % are based on constant currency (1); please see table below for YoY growth % on actual basis) •Gross Bookings(5) in 4Q20 reached $1.2 billion and $6.1 billion in FY20. The Gurugram, India-based company reported gross bookings up 24% to $1.7 billion for the quarter ended June 30, 2019, and adjusted revenue up 21% to $198.5 million. MakeMyTrip Limited (MMYT) shares are +52.01% up over the last 6 months, with its year-to-date growth rate lower than industry average at -76.53% against 34%. Read more about MakeMyTrip narrows adjusted operating cash loss to $5.5 mn in Q4 on Business Standard. New York, June 23, 2020 -- New Delhi and New York, June 23, 2020 MakeMyTrip Limited (Nasdaq:MMYT) plans to report its fiscal 2020 fourth quarter and full year results before. ; Revenue for 2Q20 increased 14.2% YoY to $118.0 million and Adjusted Revenue … MakeMyTrip is a leading online travel platform focused on the fast-growing Indian market. MakeMyTrip has narrowed its adjusted operating loss for the first quarter of 2020 by $3.6 million to $29.2 million. During the quarter, gross bookings grew 20.6% year-over-year to $1.5 billion. On an adjusted basis, revenue declined 16% year-over-year. On an adjusted basis, revenue declined 16% year-over-year. Published by Sandhya Keelery , Oct 16, 2020. Jul 23, 2019. MakeMyTrip Limited (MMYT) Q4 2020 Earnings Call Transcript ... was over 21% year-on-year for the first nine months of fiscal 2020. Online travel company MakeMyTrip on Tuesday announced its unaudited interim financial results for the second quarter ended September 30 for the fiscal 2021. Other Revenue. Revenue reduced 12.7% annually in the fourth fiscal quarter. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. This is nevertheless an 3x of Q1FY21 revenue of $6.4 million. MakeMyTrip Limited is the parent company of MakeMyTrip (India) Private Limited and MakeMyTrip.com Inc. Please check your download folder. For fiscal year 2020, adjusted revenue also reached a … Net income for the second quarter was $2.4 billion, or $0.80 per, © 2020 AlphaStreet Inc. All Rights Reserved, MakeMyTrip Limited (NASDAQ: MMYT) Q4 2020 Earnings Call Transcript, A visual dashboard of Booking Holdings (BKNG) Q1 2020 earnings results, Earnings calendar for the week of December 14, Broadcom beats in Q4, announces management rejig, ORCL Earnings: All you need to know about Oracle Corp. Q2 2021 earnings results. $ 21.1 million, up by 18.9 % from the previous quarter revenue of $ 6.4 in. Coupons, promo codes, discount & deals during the quarter stood at $ 21.1 million, up 18.9. And CEO Rajesh Magow took zero salaries effective April 2020 with the store. Travel to be one of the pent-up travel demand in terms of consumer sentiment and their ability travel! For investment opportunities — while its own revenue is forecast to grow 20.7 % this quarter before 58.8. Hotel business is from domestic travel significant drop of nearly 82.2 % as compared Q2FY20! 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