Because I don’t think you understand OTA business.
Griss Booking revenue is amount of Airline tickets they sold: Gross value: 2142 Crore
the margin on airline ticketing including services fees/ special fare/ other things they showing is about 8%. that means they earned 178 Crore. but out of which they gave 61 crore as discounts to lure customers. so Net earning is 116 crore from the business.
PBT at 44 Crore , PAT at 30 Crore.
from here on, the Growth in airline ticketing will slow down to 10-12% instead of high 50% easemytrip showed due to low base effect.
at an yearly Pat of 120-150 Crore, EPS would be around 85 Paise. So figure out how much valuation you wish to give to this business, which still has lots of promoter selling left. No MF is invested and LIC picked some stake don’t know for what.
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