Business · Updated 26 Oct, 04:07 pm IST
MakeMyTrip posts $1.8M profit in Q2 FY27 as revenue rises 2.5%
Why it matters for readers: Explains why the company made a profit this quarter and which parts of travel demand changed.
- Net profit for Q2 FY27 was $1.8 million compared with a loss of $5.7 million a year earlier.1
- Revenue increased 2.5% year‑on‑year to $235.2 million (11.2% growth on a constant currency basis).1
- Gross bookings grew 11.3% to $2.72 billion during the quarter (20.9% on a constant currency basis).1
- Strong domestic travel helped offset weakness in international long‑haul outbound travel, which was hit by higher airfares and a roughly 10% rupee depreciation versus the dollar.1
- Higher operating profit and lower net finance costs contributed to the swing to profit.1
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