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. On an adjusted basis, revenue declined 16% year-over-year. MakeMyTrip had recorded $6.4 Mn in revenue last quarter, representing 95.5% annual fall. The graph here shows the Top 4 countries that are affected by the pandemic. — 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. 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. Revenue reduced 12.7% annually in the fourth fiscal quarter. Read more about MakeMyTrip narrows adjusted operating cash loss to $5.5 mn in Q4 on Business Standard. 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% This is nevertheless an 3x of Q1FY21 revenue of $6.4 million. Dow Jones Industrial Average retreated from the 30,000-mark mid-week as the impasse over the stimulus bill continued and jobless claims climbed to a three-month high. 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. 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 annual revenue increased from $447.6 million in 2017 to $675.3 million in 2018, a (50.9%) increase. Other Revenue. Current and historical p/e ratio for MakeMyTrip (MMYT) from 2010 to 2020. Find detailed stats on MakeMyTrip revenue on Craft. Jul 23, 2019. Also, MakeMyTrip expects online booking for travel and hotels to increase gradually once the pandemic gets over. 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. The impact of COVID-19 has drastically curtailed travel demand in terms of consumer sentiment and their ability to travel. 60 percent share. 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 company expects essential business, family and medical travel to be one of the first drivers of the pent-up travel demand. The pandemic, however, shut every arm of the company’s business. MakeMyTrip Limited to Report Fiscal 2020 First Quarter Financial & Operating Results on July 30, 2019. But it will take many quarters for MakeMyTrip to come out from these challenging times. Travel, tourism, and hotel are some of the worst affected industries because of the global pandemic. MakeMyTrip revenue scales to over 25% in Q2. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Loss per share stood at $3.20, while gross bookings reduced 12% to $1.2 billion. Please check your download folder. October 31, 2019. In the third quarter of FY 2019-2020, its revenue increased from $118 Million in Q2 to $146.9 Million. 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. The Company's services and products include air tickets, customized holiday packages, hotel booking, railway tickets, bus tickets, car hire and facilitating access to travel insurance. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. India’s largest travel company MakeMyTrip thought it was well spread out in the sector to reduce dependency on any one line of revenue. But the analysts are intensifying their growth estimates for the 2020 fiscal year. This represents nearly $4.9 billion in gross bookings and constant currency growth of over 21% for the nine months of fiscal 2020. 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. On an adjusted basis, revenue declined 16% year-over-year. 31 Oct, 2020… Revenue reduced 12.7% annually in the fourth fiscal quarter. Download this Press Release PDF Format (opens in new window) PDF. This scenario makes the situation worse for MakeMyTrip. 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. April 28, 2020. Provided by Coupons 4 All This resulted in airlines and hotels in India and around the world operating at significantly reduced capacity. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. 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. Hedging risks: In a world without travel, MakeMyTrip is diversifying. MakeMyTrip Quarterly Revenue (Millions of US $) 2020-09-30: $21: 2020-06-30: $6: 2020-03-31: $105: 2019-12-31: $147: 2019-09-30: $118: 2019-06-30: $142: 2019-03-31: $120: 2018-12-31: $125: 2018-09-30: $104: 2018-06-30: $137: 2018-03-31: $158: 2017-12-31: $172: 2017-09-30: $153: 2017-06-30: $192: 2017-03-31: $120: 2016-12-31: $123: 2016-09-30: $83: 2016-06-30: $121: 2016-03-31: $88: 2015-12-31: $89: … 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. 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