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MakeMyTrip Q2 losses triple as revenues rise 27%
short by Satyaki Das / on Friday, 28 October, 2016
India's largest online travel services firm MakeMyTrip on Wednesday reported a three-fold rise in net losses for the second quarter, in spite of their revenues rising by 27%. Net loss widened to $39.4 million from $12.2 million, even as growth in air ticketing and hotel booking businesses drove up their revenues to $83.1 million from $65.5 million a year earlier.
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