MakeMyTrip Limited
MMYT
$73.69 -1.54%
Exchange: NASDAQ | Sector: Consumer Cyclical | Industry: Travel Services
Q3 2025
Published: Jan 23, 2025

Earnings Highlights

  • Revenue of $267.36M up 24.8% year-over-year
  • EPS of $0.23 increased by 9.1% from previous year
  • Gross margin of 71.1%
  • Net income of 27.02M
  • ""Indian travelers continue to demonstrate their eagerness to travel and experience new horizons... this has enabled us to outpace industry growth consistently." - Rajesh Magow" - Rajesh Magow
MMYT
MakeMyTrip Limited

Executive Summary

MakeMyTrip Limited (MMYT) posted robust financial results for Q3 2025, characterized by strong revenue growth driven by increased travel demand and improved operational efficiency. The company reported a revenue of $267.4 million, reflecting a year-over-year increase of 24.8%. This growth is attributed to favorable macroeconomic conditions, changing consumer behaviors, and strategic enhancements in service offerings. Management highlighted record performance in both air ticketing and hotel bookings, showcasing a resilience against competitive pressures. As the company continues to innovate and adapt to customer needs, the forward outlook remains optimistic, with significant growth opportunities identified in international markets and experiential travel segments.

Key Performance Indicators

Revenue
Increasing
267.36M
QoQ: 26.72% | YoY: 24.81%
Gross Profit
Increasing
189.98M
71.06% margin
QoQ: 65.00% | YoY: 25.11%
Operating Income
Increasing
34.69M
QoQ: 33.57% | YoY: 53.18%
Net Income
Increasing
27.02M
QoQ: 51.35% | YoY: 11.37%
EPS
Increasing
0.24
QoQ: 50.00% | YoY: 9.09%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 268.85 0.22 +32.5% View
Q3 2025 267.36 0.23 +24.8% View
Q2 2025 210.99 0.16 +25.1% View
Q1 2025 254.52 0.19 +29.4% View
Q4 2024 202.89 1.26 +36.6% View