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Tag: loss

OTAs
Yatra surpasses INR 110-crore revenue during Q3, FY24

Yatra surpasses INR 110-crore revenue during Q3, FY24

Yatra has reported positive financial results for the third quarter of the fiscal year 2024 (Q3 FY24), signalling a strong rebound after a challenging second quarter. The company recorded profits and surpassed the INR 110

Top Stories
Thomas Cook India records PBT of INR 2,842mn for 9 months of FY24

Thomas Cook India records PBT of INR 2,842mn for 9 months of FY24

Thomas Cook India Group has registered a profit before tax (PBT) of INR 2,842 million for nine months of FY24 against INR 262 million for full year of FY23. Its 9M FY24 Consolidated EBITDA increased

Top Stories
Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

Indian airlines are expected to see a sharp drop in net losses to INR 5,000-7,000 crore this fiscal as they continue to witness healthy passenger traffic growth and improvement in their revenue, rating agency ICRA

Aviation
IndiGo records highest ever quarterly profit of INR 3,090 crore in June

IndiGo records highest ever quarterly profit of INR 3,090 crore in June

InterGlobe Aviation has reported a record profit after tax of INR 3,090.6 crore in the three months ended June. IndiGo reported its highest-ever quarterly total income of INR 17,160.9 crore in the first quarter of

OTAs
MMT’s net profit at USD 18.6mn with record gross bookings of 31.4%

MMT’s net profit at USD 18.6mn with record gross bookings of 31.4%

For the quarter ended FY24, NASDAQ-listed MakeMyTrip (MMT) has witnessed a strong growth in travel demand for leisure and business , leading to a record in gross bookings. According to its unaudited financial and operating

Hotels & Resorts
ITDC posts INR 18 cr profit in Q1 FY 2022-23

ITDC posts INR 18 cr profit in Q1 FY 2022-23

The India Tourism Development Corporation (ITDC), the public sector undertaking under the aegis of the Ministry of Tourism, posted a remarkable performance for first quarter of the current financial year 2022-23. The total turnover in

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