New Delhi: Bigtree Entertainment, which owns and operates online ticketing platform BookMyShow, reported a wider net loss of Rs 140.25 crore for the fiscal ended March 2018, according to regulatory documents.
The company had posted a net loss of Rs 128.4 crore in the previous fiscal, according to the documents filed with the Corporate Affairs Ministry and sourced by business intelligence platform Tofler.
Revenue from operations, on the other hand, increased 28.8 per cent to Rs 386.07 crore in FY2017-18 from Rs 299.57 crore in FY2016-17.
Employee benefit expenses during 2017-18 increased to Rs 119.36 crore from Rs 75.45 crore in the previous fiscal.
In July this year, BookMyShow had announced raising USD 100 million (about Rs 685 crore) in a funding round led by TPG Growth. (PTI)
