Quarterly ResultMay 19, 2026, 06:27 AM
MakeMyTrip FY26 Revenue $1.04B, Profit $51.7M (-45.8%)
AI Summary
MakeMyTrip Ltd reported its fiscal fourth quarter and full year results ended March 31, 2026. For the full fiscal year 2026, revenue increased by 10.7% in constant currency to $1,044.0 million, and Gross Bookings grew by 10.4% to $10,390.8 million. However, profit for the full year significantly decreased by 45.8% to $51.7 million, primarily due to increased net finance costs, including interest expense on convertible senior notes and foreign exchange losses. In Q4 FY26, revenue rose 6.7% in constant currency to $250.1 million, but profit for the period declined 16.8% to $24.3 million. The company also repurchased $50.3 million of ordinary shares in Q4.
Key Highlights
- FY26 Gross Bookings increased 10.4% YoY (constant currency) to $10,390.8 million.
- FY26 Revenue increased 10.7% YoY (constant currency) to $1,044.0 million.
- FY26 Profit for the period decreased 45.8% YoY to $51.7 million.
- FY26 Adjusted Operating Profit increased 12.8% YoY to $188.8 million.
- Q4 FY26 Revenue increased 6.7% YoY (constant currency) to $250.1 million.
- Q4 FY26 Profit for the period decreased 16.8% YoY to $24.3 million.
- Hotels & Packages Adjusted Margin (FY26) grew 15.7% YoY to $476.8 million.
- Repurchased 900,000 ordinary shares for $50.3 million in Q4 FY26.
Price Impact
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