{"id":836598,"date":"2024-07-24T09:54:12","date_gmt":"2024-07-24T04:24:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=836598"},"modified":"2024-07-24T09:57:44","modified_gmt":"2024-07-24T04:27:44","slug":"makemytrip-posts-profit-growth-of-12-9-yoy-in-q1-on-robust-travel-demand-revenue-surges-31-4-on-growth-across-biz-verticals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/24\/makemytrip-posts-profit-growth-of-12-9-yoy-in-q1-on-robust-travel-demand-revenue-surges-31-4-on-growth-across-biz-verticals\/","title":{"rendered":"MakeMyTrip posts profit growth of 12.9% YoY in Q1 on robust travel demand, revenue surges 31.4% on growth across biz verticals"},"content":{"rendered":"<p>Online travel aggregator MakeMyTrip on Tuesday posted its fiscal first quarter profit growth of 12.9 per cent on-year at $21 million in comparison to $18.6 million recorded during the corresponding quarter of previous financial year. It posted revenue as per IFRS at $254.5 million, up 31.4 per cent in constant currency as against $196.7 million during the first quarter of FY24.  <\/p>\n<p>The company said that the increase in revenue was primarily as a results of an increase of 25.4 per cent (27.2 per cent in constant currency) in revenue from air ticketing business,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online travel aggregator MakeMyTrip on Tuesday posted its fiscal first quarter profit growth of 12.9 per cent on-year at $21 million in comparison to $18.6 million recorded during the corresponding quarter of previous financial year. It posted revenue as per IFRS at $254.5 million, up 31.4 per cent in constant currency as against $196.7 million during the first quarter of FY24. The company said that the increase in revenue was primarily as a results of an increase of 25.4 per cent (27.2 per cent in constant currency) in revenue from air ticketing business,<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-836598","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=836598"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836598\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=836598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=836598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=836598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}