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Makemytrip Ltd Reaffirms FY 2013 Revenue Guidance

Thursday, 7 Feb 2013 08:01am EST 

Makemytrip Ltd announced that for fiscal 2013, the Company is maintaining its Revenue less service costs growth guidance in the range of 13% to 16% on a constant currency basis. This growth guidance is based on average actual Indian Rupee to U.S. Dollar exchange rate of 48.23 for fiscal 2012. On a U.S. dollar basis, the Company is maintaining revenue less service cost guidance in the range of $89 million to $91 million based on the current third quarter of 2013 average exchange rate of INR 54 to a U.S. Dollar. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $91 million for fiscal 2013. 

Company Quote

0.35 +1.21%
26 Nov 2014