MakeMyTrip FY27 Q1 profit drops 64.7% to USD 9.1 million; revenue rises 6.2% to USD 285.6 million
Reuters2026/08/03 10:10Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- MakeMyTrip posted IFRS revenue up 6.2% to USD 285.6 million for fiscal 2027 first quarter; IFRS profit fell 64.7% to USD 9.1 million.
- IFRS operating profit rose 8.3% to USD 43.7 million, while net finance costs widened to USD 28.3 million from USD 4 million.
- Non-IFRS adjusted EBITDA increased 7.5% to USD 55.5 million; non-IFRS free cash flow dropped 47.5% to USD 19.9 million.
- Gross bookings climbed 9.4% to USD 2.85 billion, led by bus ticketing up 20.8% to USD 501.9 million and hotels and packages up 8.5% to USD 746.4 million.
- Results reflected a more than 10% year-on-year INR depreciation against the USD, while outbound travel remained subdued due to the West Asia conflict.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MakeMyTrip Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-329440), on August 03, 2026, and is solely responsible for the information contained therein.
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