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MakeMyTrip Q3-FY13 Concall: 68.2% Growth In Hotel Business; 700k App Downloads

MakeMyTrip has reported a net loss of $5.235 million for the quarter ending December 31, 2012, as compared to a $0.041 million profit reported for the same period last year. The company posted net revenues (Revenue less service costs) of $22.35 million, down 5.5% from $23.65 million for the same period last year. Here are some notes from MakeMyTrip's investor conference call: - Page views: MakeMyTrip crossed 8.5 million monthly unique visitors and registered more than 136 million pageviews as of December 2012, citing Comscore metrics. - Offers Diluted Margins: The company mentioned that the offers provided by the company during the quarter diluted its margin. Also, the company's continued investment in covering more hotels and packages resulted in a loss of 7 cents on its adjusted diluted EPS. - Hotels and packages: MakeMyTrip registered a 68.2% growth in transactions in its Hotel and transaction…

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