Bengaluru, Nov. 5 -- A small-cap company operating online platforms that offer travel information and booking services is in the spotlight after reporting a loss despite a 37 percent surge in revenue. Read the article below for detailed insights.

With a market capitalization of Rs. 11,395 crore, the shares of Le Travenues Technology Limited closed at Rs. 261.55, up by 1.67 percent from its previous closing price of Rs. 257.25 per equity share.

Reason for Loss Despite Revenue Growth Despite a robust 36.94 percent YoY rise in revenue, the company reported a net loss of Rs. 3.46 crore, compared to a profit of Rs. 13.09 crore in the same period last year. The loss was primarily attributed to a one-time ESOP expense of Rs. 27 crore, which i...