Online travel agent MakeMyTrip continues to post losses: It has reported net losses of $3.66 million for the quarter ended December 30, 2014, as compared to $1.6 million loss in the same quarter last year. This is MakeMyTrip’s 9 straight loss making quarter. The net revenues (revenues less service costs) however witnessed a significant 22.9% growth to $35.1 million for the quarter, from $28.6 million in the same quarter last year. The gross bookings also grew by 34.6% to $419.2 million from $311.3 million in the same quarter last year. Air Ticketing up 10.1%: Revenues from Air ticketing business grew by 10.1% to $18.1 million for the quarter, from $16.5 million in the same quarter last year. This was driven by a 47.3% increase in transactions to 1.32 million for the quarter, from 0.89 million transactions in the same quarter last year. MakeMyTrip attributed…
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