Economy

MakeMyTrip posts twenty-seven percent profit growth despite currency headwinds impacting reported figures

Originally reported by Hindu BusinessLine as: MakeMyTrip adjusted net profit grows 27% to $46.2 million

26 Oct 2026, 8:33 pm IST · Xecute.finance News Desk

The crisp read

MakeMyTrip registered a twenty-seven percent growth in adjusted net profit reaching $46.2 million alongside an 11.2 percent increase in constant currency revenue totaling $235.2 million. A ten percent year-on-year depreciation of the Indian rupee negatively influenced the company's reported financial statements. These metrics underline steady travel demand despite foreign exchange headwinds.

Why it matters: Highlights forex impact on cross-border travel tech earnings and sustained consumer demand for Indian tourism platforms.

Deep dive - the full story

MakeMyTrip reported that its adjusted net profit expanded by twenty-seven percent to reach $46.2 million. During the same period, revenue measured in constant currency terms advanced by 11.2 percent to total $235.2 million. However, the reported figures were impacted by a ten percent year-on-year depreciation of the Indian rupee.

This currency depreciation created a reporting gap between constant currency growth and actual translated figures, demonstrating how foreign exchange movements affect cross-border financial reporting. The underlying business maintained solid demand as reflected by the double-digit constant currency revenue expansion.

Investors must monitor ongoing exchange rate fluctuations and travel booking trends in upcoming quarters to gauge the sustainability of profit margins against currency volatility.

Source: thehindubusinessline.com

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