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Deferred Revenue
12 Months Ended
Mar. 31, 2020
Deferred Revenue  
Deferred revenue

35.  Deferred Revenue

 

 

 

 

 

 

 

 

March 31, 

 

  

2019

  

2020

Global Distribution System provider

 

652,895

 

351,974

Loyalty program

 

22,816

 

5,942

Total

 

675,711

 

357,916

 

 

 

 

 

Non-current

 

96,392

 

232,069

Current

 

579,319

 

125,847

Total

 

675,711

 

357,916

 

"Global Distribution System providers" represents the amount received upfront by the group as a part of commercial arrangement with the Global Distribution System ("GDS") providers for facilitating the booking of airline tickets on our websites or other distribution channels. The same is recognized as revenue for actual airline tickets sold over the total number of airline tickets to be sold as per the term of the agreement, in both cases sold on such GDS platforms, and the balance amount is recognized as deferred revenue.

 

 

 

 

 

 

 

 

March 31, 

 

  

2019

  

2020

At 1 April

 

1,470,710

 

675,711

Recorded in statement of profit or loss

 

(794,999)

 

(317,795)

At 31 March

 

675,711

 

357,916