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Segment information (Tables)
12 Months Ended
Mar. 31, 2020
Segment information  
Summary of information about reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Air Ticketing

 

Hotels and Packages

 

Others

 

Total

 

 

March 31

 

March 31

 

March 31

 

March 31

 

  

2018

  

2019

  

2020

  

2018

  

2019

  

2020

  

2018

  

2019

  

2020

  

2018

  

2019

  

2020

Segment revenue

 

5,012,931

 

5,708,152

 

3,957,989

 

6,628,236

 

6,162,926

 

3,707,534

 

607,346

 

1,058,953

 

1,080,202

 

12,248,513

 

12,930,031

 

8,745,725

Service cost

 

 —

 

 —

 

 —

 

(4,930,757)

 

(4,282,803)

 

(2,922,929)

 

 —

 

 —

 

 —

 

(4,930,757)

 

(4,282,803)

 

(2,922,929)

Segment results

 

5,012,931

 

5,708,152

 

3,957,989

 

1,697,479

 

1,880,123

 

784,605

 

607,346

 

1,058,953

 

1,080,202

 

7,317,756

 

8,647,228

 

5,822,796

Other income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

90,001

 

263,785

 

159,631

Unallocated expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10,342,290)

 

(10,907,467)

 

(5,719,112)

Operating loss (before depreciation and amortization)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(2,934,533)

 

(1,996,454)

 

263,315

Finance cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(153,056)

 

(263,290)

 

(193,287)

Depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(425,600)

 

(581,746)

 

(666,369)

Impairment of goodwill

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 —

 

 —

 

(221,999)

Finance income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

91,912

 

41,310

 

58,641

Share of loss of joint venture

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10,559)

 

(12,772)

 

(10,784)

Change in fair value of warrants - gain/(loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(563,253)

 

1,667,193

 

94

Loss before taxes 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,995,089)

 

(1,145,758)

 

(770,390)

Tax expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(56,887)

 

(47,837)

 

(69,805)

Loss for the period

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4,051,976)

 

(1,193,596)

 

(840,195)

 


Reconciliation of information on Reportable Segments to IFRS measures:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Air Ticketing

 

Hotels and Packages

 

Others

 

Total

 

 

March 31

 

March 31

 

March 31

 

March 31

 

  

2018

  

2019

  

2020

  

2018

  

2019

  

2020

  

2018

  

2019

  

2020

  

2018

  

2019

  

2020

Segment revenue

 

5,012,931

 

5,708,152

 

3,957,989

 

6,628,236

 

6,162,926

 

3,707,534

 

607,346

 

1,058,953

 

1,080,202

 

12,248,513

 

12,930,031

 

8,745,725

Less: customer inducement and acquisition costs**

 

 —

 

(2,258,887)

 

(1,348,471)

 

 —

 

(1,248,506)

 

(105,736)

 

 —

 

(64,058)

 

(32,163)

 

 —

 

(3,571,451)

 

(1,486,370)

Revenue

 

5,012,931

 

3,449,265

 

2,609,518

 

6,628,236

 

4,914,420

 

3,601,798

 

607,346

 

994,895

 

1,048,039

 

12,248,513

 

9,358,580

 

7,259,355

Unallocated expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10,342,290)

 

(10,907,467)

 

(5,719,112)

Less: customer inducement and acquisition costs**

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 —

 

3,571,451

 

1,486,370

Unallocated expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(10,342,290)

 

(7,336,016)

 

(4,232,742)


Notes:

 

**For purposes of reporting to the CODM, certain promotion expenses including upfront cash incentives, loyalty programs costs for customer inducement and acquisition costs for promoting transactions across various booking platforms, which are reported as a reduction of revenue, are added back to the respective segment revenue lines and marketing and sales promotion expenses. For reporting in accordance with IFRS, such expenses are recorded as a reduction from the respective revenue lines. Therefore, the reclassification excludes these expenses from the respective segment revenue lines and adds them to the marketing and sales promotion expenses (included under Unallocated expenses).

Summary of non-current assets by physical location

 

 

 

 

 

 

 

Non-current Assets*

 

  

March 31, 

  

March 31, 

 

  

2019

  

2020

India

 

2,385,110

 

2,302,389

Others

 

6,805

 

1,288

Total

 

2,391,915

 

2,303,677


*Non-current assets presented above represent property, plant and equipment, right-of-use assets and intangible assets and goodwill.