BookMyShow Reports Rs 236 Crore Revenue And Rs 3.17 Crore Profit For FY16

Bigtree Entertainment, which operates the movie and event ticketing website BookMyShow, has reported revenues of Rs 236 crore for the financial year FY16 and posted a profit of Rs 3.17 crore. This profit comes after the company reported losses for two consecutive fiscal years. In FY15, the company reported a loss of Rs 13.52-crore and in FY14 it was at Rs 3.98 crore in losses.

The company in July raised over $80m in venture capital funding from the US-based Stripes Group.