MakeMyTrip

MakeMyTrip Delivers Record $10.4 Billion Gross Bookings for FY26 Amidst Tough Macro-Environment

MakeMyTrip Limited, India’s leading travel service provider, today announced its unaudited financial and operating results for its fiscal fourth quarter and full year ended March 31, 2026

Financial & Business Highlights
- Gross Bookings: $10.4B (↑10.4% YoY, constant currency) — record high despite tough macro conditions.
- Revenue: $1.04B (↑10.7% YoY).
- Operating Activities Result: $156M (↑30.1% YoY).
- Adjusted EBIT: $189M (↑12.9% YoY).

Segment Performance (Adjusted Margin Growth YoY)
- Air Ticketing: $407M (↑13.4%).
- Hotels & Packages: $477M (↑15.7%).
- Bus Ticketing: $164M (↑29.3%).
- Others: $95M (↑37.1%).

AI Innovation – “Myra” Travel Assistant
- Handles end-to-end bookings via conversational interface (including voice).
- Engaged in 54,000+ daily conversations in Q4 FY26.
- 45% of usage from Tier-2 and smaller cities.
- Resolved 55% of post-booking queries autonomously across Flights & Hotels.

Q4 FY26 Snapshot
- Gross Bookings: $2.55B (↑4.8% YoY).
- Revenue: $250M (↑6.7% YoY).
- Adjusted EBIT: $46.5M (↑4% YoY).

CEO Rajesh Magow’s Comment
“We surpassed our $10B milestone and strengthened our position as the travel platform of choice. Despite challenges, we saw double-digit growth across all major verticals, led by Bus Ticketing and Hotels & Packages. AI-driven Myra is reshaping consumer experience, especially in Tier-2 cities.”

This performance shows MakeMyTrip’s resilience: steady growth in bookings, strong margin expansion, and meaningful adoption of AI to drive customer engagement and efficiency.

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