MakeMyTrip Delivers Strong Performance in a Tough Business Environment; Gross Bookings grew by 19.9% YoY
MakeMyTrip Limited, India’s leading travel service provider,
announced its unaudited financial and operating results for its fiscal first quarter ended June 30, 2026.
Financial & Operating Highlights
- Gross Bookings: $2.85B, up 19.9% YoY (constant currency).
- Revenue: $285.6M, up 16.1% YoY.
- Operating Activities Result: $43.7M (+8.3% YoY).
- Adjusted EBIT: $51.4M vs $47.3M last year.
Adjusted Margin Growth by Segment:
- Air Ticketing: +10.8%
- Hotels & Packages: +21.3%
- Bus Ticketing: +32.4%
- Others: +27.2%
AI & Innovation
- Launched Myra 2.0, an AI‑powered conversational booking assistant.
- Supports voice bookings in 8 Indian languages.
- Handles 85,000+ daily conversations, with 45% from Tier II & III cities.
- Resolves 50% of post‑booking queries (flights & hotels).
CEO Commentary (Rajesh Magow)
- Despite macro disruptions (oil price volatility, West Asia conflict), travelers adapted with alternative leisure choices.
- Long‑term outlook remains positive, supported by India’s infrastructure growth and rising travel propensity.
This quarter shows MakeMyTrip’s resilience and tech‑driven edge, with Myra 2.0 emerging as a differentiator in customer engagement.
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