MakeMyTrip Q2 losses triple as revenues rise 27%
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.