Markets

MakeMyTrip posts quarterly net profit alongside double-digit revenue expansion

Originally reported by ET Markets as: MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 million

26 Oct 2026, 8:36 pm IST · Xecute.finance News Desk

The crisp read

MakeMyTrip posted a Q2 net profit of $1.8 million, turning around from a $5.7 million loss a year earlier. Revenue climbed 11.2% to $235.2 million while gross bookings grew 20.9% through travel segments and AI assistant Myra.

Why it matters: Demonstrates the financial performance and operational recovery of a major travel intermediary catering to Indian consumers.

Deep dive - the full story

MakeMyTrip announced its financial results for the second quarter, registering a net profit of $1.8 million. This figure marks a complete turnaround from the net loss of $5.7 million recorded during the corresponding period of the previous year. Total revenue for the quarter experienced an 11.2% upward movement, reaching $235.2 million.

Growth during the period was underpinned by a 20.9% increase in gross bookings across multiple segments including hotels and transport. Operational momentum was further supported by consumer utilization of the company's AI-powered travel assistant, Myra.

Market participants will evaluate these quarterly metrics to gauge consumer travel spending trends and technology adoption rates. Investors should review future earnings reports for sustained profitability and continued transaction volume expansion across operational verticals.

Source: economictimes.indiatimes.com

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