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February 8, 2013
05:58 EDTMMYTMakeMyTrip reported Q3 adjusted EPS (7c) vs. 8c a year ago
Reported Q3 revenue $63.83M vs. $53.81M a year ago. The company maintained its FY13 revenue less service costs growth guidance in the range of 13%-16% on a constant currency basis. The guidance is based on average actual Indian Rupee to U.S. Dollar exchange rate of 48.23 for full FY12. On a U.S. dollar basis, MakeMyTrip maintained its revenue less service cost guidance in the range of $89M-$91M based on the current Q3 average exchange rate of INR 54 to a U.S. Dollar. Earnings were reported yesterday morning.
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