MMYT
MakeMyTrip Limited
Q3 2025 Report
MakeMyTrip Limited (MMYT) Q3 2025 Financial Results: Strong Growth Amidst Competitive Landscape...
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Executive Summary
MakeMyTrip Limited (MMYT) reported its Q1 2026 financial results, showcasing resilience in the face of macroeconomic challenges and demand shifts within the travel sector. The company achieved a revenue of $268.8 million, a 7.8% increase year-over-year in constant currency, driven particularly by international travel growth. Despite experiencing significant headwinds in domestic leisure travel due to geopolitical tensions and recent incidents affecting consumer sentiment, MakeMyTrip continued to enhance its market position in air ticketing by increasing market share and expanding its international offerings. Management remains optimistic about the sector's long-term recovery and growth, attributing potential enhancements in shareholder value through targeted investments in product offerings and customer experience improvements.
Key Performance Indicators
Revenue
268.85M
QoQ: 0.56% | YoY:32.51%
Gross Profit
146.57M
54.52% margin
QoQ: -22.85% | YoY:46.87%
Operating Income
38.84M
QoQ: 11.96% | YoY:134.80%
Net Income
25.92M
QoQ: -4.06% | YoY:-84.93%
EPS
0.23
QoQ: -4.17% | YoY:-85.06%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $268.8 million, up 7.8% YoY
- **Net Income:** $25.9 million, a growth of 22.6% from $21 million in Q1 2025
- **Adjusted Operating Profit:** $47.3 million, reflecting a 21% increase YoY
- **Gross Profit Margin:** 54.5%, with a gross profit of $146.6 million
- **Operating Income Margin:** 14.4%, demonstrating effective cost management