Investor Presentaiton
Indian OTA with leading Market Share, Business Scale & Profitability
Total Gross Bookings
(in $ millions)
FY19
FY20
FY21
FY22
Highest Ever Annual
Gross Booking
FY23
$6,094
$5,446
Adjusted Operating Profit / (Loss)
(in $ millions)
FY19
$6,566
122% Growth
95% Growth
$3,189
$1,635
Highest Ever Adjusted
Operating Profit
FY20
FY21
FY22
FY23
3x Growth
$70.3
$23.2
($18.0)
($69.9)
($98.8)
Cost Rationalization
leading to robust
profitability
$
Optimised cost of customer
acquisition
E
$
High repeat rates
Automation leading to lower
customer service cost
Optimised Tech Cost due to
unified back-end infrastructure
Strong Balance Sheet with
$522 million
Cash & Term Deposits
(as of 06/30/2023)
Gross Bookings back at $6 Bn+, with significant improvement in profitability from
-$70 Mn in FY20 to +$70 Mn in FY23
makemytrip goibibo redBus
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