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Makemytrip ( (MMYT) ) has issued an announcement.
On January 23, 2025, MakeMyTrip Limited announced its unaudited financial results for the third quarter of fiscal 2025, ending December 31, 2024. The company reported a year-over-year revenue growth of 24.8%, with gross bookings increasing by 26.8% to $2.61 billion. Air ticketing, hotels and packages, and bus ticketing segments all saw significant growth, with adjusted margins rising by 20.0%, 24.9%, and 31.3% respectively. These results highlight MakeMyTrip’s strong performance and growth trajectory in the travel industry.
More about Makemytrip
MakeMyTrip Limited is a leading travel service provider based in India, offering a range of services including air ticketing, hotels and packages, bus ticketing, and other travel-related services. The company focuses on serving the Indian market and has a significant presence in the travel industry.
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.
