BookMyShow profit increases 27% to Rs 109 crore in FY24
Online ticketing platform BookMyShow’s net profit grew 27.6% to Rs 108.63 crore in the financial year 2023-24 from Rs 85.11 crore in the last fiscal. Operating revenue surged 43.2% to Rs 1,396.86 crore during the year under review from Rs 975.51 crore in FY23, according to its financial statement.
The firm’s revenue sources include online ticket bookings, turnkey ticketing solutions for concerts and events, software sales, advertisement and subscription contracts. It also earns through food and beverage sales, maintenance contracts, and on-ground services.