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rttnews.comOCT 262 min read$MMYT

MakeMyTrip Swings To Profit In Q2; Gross Bookings Jump 21%

MakeMyTrip Limited (MMYT) reported a Q2 profit of $1.8M, up from a $5.7M loss last year. Revenue rose 11.2% to $235.2M, while gross bookings increased 20.9% to $2.72B. Adjusted net profit before tax and adjusted EBIT also improved. The company's AI travel assistant, Myra, handled over 90,000 daily conversations and assisted with over 3,000 bookings per day. Shares rose about 1% in premarket trading.

Original reporting
rttnews.com
Published Oct 26, 2026, 12:27 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 26, 2026, 12:35 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefEarnings
Primary signal
$MMYT
Bullish
medium confidence
Mentioned
$MMYT
Relevance
7/10
AlphAI data visualization · based on rttnews.com
Decision brief

The 30-second read

$MMYTBullishMed
01

Why it matters

Earnings beat and booking growth could attract short‑term buying, but investors should watch guidance and margin trends.

02

Market read

First earnings release for FY2027 shows a profit swing, likely prompting modest price action and sector attention.

03

What to watch

Potential headwinds from inflation‑driven travel cost pressures and competition from global OTAs could temper growth.

Relevance 7/10Novelty 7/10Timing: pre‑market today

Background

MakeMyTrip is a Nasdaq‑listed Indian online travel agency that has struggled with losses; this quarter marks a turnaround.

Company-level read

Ticker impact

$MMYTBullishMedium confidence
Context

MakeMyTrip reported Q2 profit of $1.8M, revenue $235.2M and 21% YoY bookings growth, a first earnings disclosure for FY2027.

Expected impact

likely modest upside as market prices in the profit swing and booking growth

Evidence & confidence

Profit turnaround and strong booking growth support a bullish bias, but the absolute profit size is small and the move so far is limited to ~1% pre‑market.

Market effects

Sector

Travel‑tech sector may see renewed interest as an Indian online travel platform shows profitability and booking momentum.

Regional

Indian consumer travel demand appears robust, supporting broader Indian tech equities.

Global

Limited; primarily relevant to investors in emerging‑market travel platforms.

Counterpoint

What could challenge this read

Profit is modest and may not justify a higher valuation; the 1% price move could be a short‑term rally.

Key entities

  • company
    MakeMyTrip Limited

    Nasdaq‑listed Indian online travel platform (ticker MMYT).

  • person
    Rajesh Magow

    CEO of MakeMyTrip, quoted on AI‑driven travel assistant.

Read at source← All news

StoryMakeMyTrip returns to profit as bookings grow despite revenue miss

Also covered by

4 outlets

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