MakeMyTrip reported a 16.8% decline in profit for the March quarter of 2026 (Q4 FY26) to $24.3 Mn from $29.2 Mn in the year-ago quarter
Revenue in Q4 FY26 rose 1.9% to $250.1 Mn during the quarter under review from $245.5 Mn in Q4 FY25
Segment-wise, air ticketing revenue fell 4.7% YoY to $58.7 Mn, while hotels and packages revenue declined 1.2% to $121.8 Mn
Nasdaq-listed online travel major MakeMyTrip
reported a 16.8% decline in profit for the March quarter of 2026 (Q4 FY26) to $24.3 Mn from $29.2 Mn in the year-ago quarter.
Revenue rose 1.9% to $250.1 Mn during the quarter under review from $245.5 Mn in Q4 FY25. The company said while it recorded strong YoY growth in January 2026, the growth in February and March 2026 was lower due to the impact of Maha Kumbh Mela in February 2025 and the ongoing West Asia conflict.
Segment-wise, air ticketing revenue fell 4.7% YoY to $58.7 Mn, while hotels and packages revenue declined 1.2% to $121.8 Mn. Bus ticketing revenue increased 7.3% YoY to $35.9 Mn and other revenue jumped 24.5% to $33.7 Mn.
Gross bookings remained flat at $2.6 Bn in Q4 FY26.
Adjusted margin for the air ticketing segment increased 5.4% YoY to $99.3 Mn, while hotels and packages adjusted margin rose 5.8% to $115.9 Mn. Bus ticketing adjusted margin climbed 12.7% to $41.1 Mn and adjusted margin for the others segment grew 21.3% YoY to $25.4 Mn.
(The story will be updated soon)
Source: Inc42 - Startups
