MakeMyTrip returns to profit as bookings grow despite revenue miss
+1 new source since this summary was written
MakeMyTrip reported fiscal Q2 2027 results for the quarter ended September 30, 2026, with consolidated net profit of $1.769M versus a $5.738M loss a year earlier. Adjusted EPS was $0.47, matching estimates, while revenue of $235.16M missed the $267.41M consensus. Revenue rose 2.5% year over year, or 11.2% in constant currency, and gross bookings increased 20.9% to $2,724.7M.
Why it matters
The results show a mixed earnings picture: reported revenue remained pressured by currency effects and weak international long-haul travel, while profitability and gross bookings improved. The quarter also indicates increasing importance of non-air travel activity to MakeMyTrip's results.
Key facts
- 1MakeMyTrip's consolidated net profit was $1.769M in fiscal Q2 2027, compared with a $5.738M loss in the prior-year quarter. econotimes.com
- 2Adjusted EPS was $0.47 and revenue was $235.16M versus a consensus estimate of $267.41M. investing.com
- 3Gross bookings rose 20.9% year over year to $2,724.7M. seekingalpha.com
- 4Revenue increased 2.5% year over year on a reported basis and 11.2% in constant currency terms. investing.com
- 5Adjusted operating profit rose to $46.2 million from $44.2 million a year earlier. investing.com
Open questions
- The reported year-over-year increase in adjusted operating profit is given as 4.7% in material 3 and 4.5% in material 7; the underlying dollar figures are consistent but the percentage claims conflict.
Summary written by AlphAI AI Desk from 13 of 13 sources. Not investment advice. Figures are as stated by the linked sources.