MakeMyTrip's quarterly revenue surges on strong domestic and international travel
Goibibo and redBus operator MakeMyTrip also saw its adjusted profit jump 30% to $48 million, helped by margin expansion in key segments.
US-listed MakeMyTrip on Wednesday clocked 25.6% growth in its revenue for the fourth quarter on the back of strong performances from its hotels and packages and air ticketing segments.
The travel tech platform clocked a revenue of $245.5 million in the fourth quarter of fiscal 2025, as compared to $202.9 million posted in the corresponding quarter a year ago.
During the same period, its adjusted net earnings jumped 30% to $48 million, as compared to $36 million in the previous year.
Majority of its revenue growth was driven by strong performance of its segments like air ticketing, hotels and packages, and bus ticketing.
Its largest segment, hotels and packages, clocked a double-digit margin improvement along with a 16% growth in revenue to $123 million.
The company, which is listed on US stock exchanges, comprises of travel brands such as Goibibo and travel bus aggregator redBus.
“Our strong customer-centric focus — especially in offering an ever-expanding range of personalized travel services — is enabling us to consistently deliver strong financial performance. At the same time, we remain committed to driving operational efficiency and leveraging our fixed cost base. This has helped us to expand margins while we continue to strategically reinvest in key growth areas across our platform," said Mohit Kabra, Group Chief Financial Officer, MakeMyTrip in a regulatory filing.
Edited by Jyoti Narayan