MakeMyTrip Sees Mixed Financial Fortunes Amid Travel Surge
MakeMyTrip reported a USD 5.7 million loss for the September quarter despite an 8.7% revenue increase to USD 229.3 million, driven by strong travel demand in India. The company's CEO noted improved travel sentiments, especially in leisure, but faced slow recovery in domestic air travel due to supply issues.
- Country:
- India
MakeMyTrip, listed on NASDAQ, reported a USD 5.7 million loss for the September quarter on Tuesday, contrasting with a USD 17.9 million profit during the same period last year.
The travel booking giant posted a revenue increase to USD 229.3 million as of September 30, 2025, up 8.7% from the previous year's figure, spurred by robust travel demand in India.
Rajesh Magow, CEO of MakeMyTrip, observed an encouraging rise in travel sentiments in Q2, particularly in leisure travel, following a challenging Q1. However, he noted that domestic air travel recovery lagged due to short-term supply constraints.
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