Recent Updates — MMYT

MakeMyTrip Limited announced unaudited financial results for the second quarter ended September 30, 2026. Revenue increased 11.2% year-over-year to $235.2 million, while gross bookings grew 20.9% in constant currency to $2.7 billion. Adjusted operating profit rose to $46.2 million from $44.2 million, and adjusted net profit before tax reached $46.2 million compared to $36.4 million in the prior year period. The company highlighted strong growth across its Air Ticketing, Hotels and Packages, Bus Ticketing, and Others segments, driven by increased adoption of its AI assistant, Myra.

MakeMyTrip reported unaudited financial results for the fiscal second quarter ended September 30, 2026. Revenue increased 2.5% year-over-year to $235.2 million, while gross bookings rose 11.3% to $2,724.7 million. Adjusted EBITDA grew 6.4% to $51.5 million, and adjusted net profit before tax improved by 27.0% to $46.2 million. For the first half of fiscal 2027, revenue reached $520.7 million with a year-to-date net profit of $10.9 million. The company operates in the online travel agency industry.

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.

MakeMyTrip reported unaudited financial results for its fiscal first quarter ended June 30, 2026. Revenue increased 6.2% year-over-year to $285.6 million, or 16.1% in constant currency, driven by growth in hotels and packages, bus ticketing, and other segments, partially offset by a decline in air ticketing revenue. Gross bookings rose 9.4% to $2,854.7 million (19.9% in constant currency). Adjusted operating profit improved to $51.4 million from $47.3 million, while adjusted net profit before tax reached $52.2 million versus $49.4 million in the prior year period. Reported profit for the period fell 64.7% to $9.1 million due to a significant increase in net finance costs related to convertible senior notes and foreign currency translation impacts from INR depreciation against the USD. The company repurchased 200,000 ordinary shares for $7.8 million during the quarter under its existing share repurchase program.