Earnings ·
MakeMyTrip Limited reported unaudited financial results for the first quarter of fiscal 2027 ended June 30, 2026
MMYTMakeMyTrip Ltd
MakeMyTrip Limited reported unaudited financial results for the first quarter of fiscal 2027 ended June 30, 2026. Gross bookings grew 19.9% year-over-year to approximately $2.9 billion, while revenue increased 16.1% to $285.6 million. Adjusted operating profit rose to $51.4 million from $47.3 million in the prior year period. The company highlighted strong margin growth across segments, including a 32.4% increase in bus ticketing adjusted margin and a 21.3% rise in hotels and packages. Additionally, MakeMyTrip launched Myra 2.0, an AI-powered conversational booking platform that handled over 85,000 daily conversations. The company operates in the online travel agency industry.