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MakeMyTrip Reports Record Quarterly Revenue Amid Rising Travel Demand

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MakeMyTrip Reports Record Quarterly Revenue Amid Rising Travel Demand

The latest update is out from Makemytrip ( (MMYT) ).

On January 23, 2025, MakeMyTrip Limited announced its unaudited financial results for the third quarter of fiscal 2025, reporting a record high in quarterly revenue and adjusted operating profit, driven by a significant increase in Indian travel demand. The company achieved a 26.2% year-over-year growth in revenue to $267.4 million, and a 37.6% increase in adjusted operating profit to $46.0 million, reflecting its effective strategic execution and robust market positioning in the travel sector.

More about Makemytrip

MakeMyTrip Limited is a leading travel service provider based in India, focusing on air ticketing, hotel bookings, holiday packages, and related services. The company serves a broad market, catering to both domestic and international travel demands.

YTD Price Performance: -14.32%

Average Trading Volume: 530,068

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.93B

See more insights into MMYT stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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