MakeMyTrip Q1: Profit Slides 65% YoY To $9.1 Mn

•MakeMyTrip's Q1 net profit fell 65% to $9.1 Mn from $25.8 Mn in the prior year.

•Revenue grew 6% YoY to $285.6 Mn, with a 6% QoQ increase to $285.9 Mn.

•Service costs rose 10.4% YoY to $82.7 Mn, while net finance costs surged to $28.3 Mn.

•Gross bookings increased 19.9% YoY in constant currency to $2.85 Bn.