Financial and operating highlights for the three months ended June 30, 2022:
â— Revenue of INR 899.0 million (USD 11.4 million), representing an increase of 48.6% quarter-over-quarter (“QoQ”) and an increase of 192.9% year-over-year (“YoY”).
â— Adjusted Revenue(1) of INR 1,253.7 million (USD 15.9 million), representing an increase of 27.9% QoQ and an increase of 156.6% YoY.
â— Adjusted Revenue(1) from Air Ticketing of INR 794.9 million (USD 10.1 million), representing an increase of 19.1% QoQ and an increase of 157.6% YoY.
â— Adjusted Revenue(1) from Hotels and Packages of INR 302.7 million (USD 3.8 million), representing an increase of 68.4% QoQ and an increase of 570.6% YoY.
â— Total Gross Bookings (Air Ticketing, Hotels and Packages and others) (3) of INR 17,867.2 million (USD 226.1 million), representing an increase of 56.4% QoQ and an increase of 590.8% YoY.
â— Loss for the period was INR 7.0 million (USD 0.1 million) versus a loss of INR 117.2 million (USD 1.5 million) for the three months ended March 31, 2022, reflecting a decrease of loss of INR 110.2 million (USD 1.4 million) QoQ and a decrease of loss of INR 73.4 million (USD 0.9 million) YoY.
â— Results from operations were a profit of INR 32.9 million (USD 0.4 million) versus a loss of INR 53.4 million (USD 0.7 million) for the three months ended March 31, 2022.
â— Adjusted EBITDA (2) was INR 123.5 million (USD 1.6 million) reflecting an increase of INR 70.6 million (USD 0.9 million) QoQ versus a profit of INR 52.9 million (USD 0.7 million) for the three months ended March 31, 2022.