MakeMyTrip posts 19.9% gross-bookings growth as Myra 2.0 gains traction
MakeMyTrip reported about $2.9 billion in Q1 FY27 gross bookings, up 19.9% year-on-year in constant currency. Its Myra 2.0 AI platform is handling more than 85,000 daily conversations, with over 45% originating in Tier II and III cities.
MakeMyTrip reported Q1 FY27 gross bookings of about $2.9 billion, up 19.9% in constant currency, despite international-travel headwinds. It launched Myra 2.0, an AI conversational booking platform supporting eight Indian languages, with strong adoption beyond major cities.
Why this matters
The bookings gain follows MakeMyTrip's Q1 revenue growth of 16.1%, while a separate Q1 signal reported profit down 65% to $9.1M. The company also filed a confidential DRHP for an India IPO.
Retail-company signals are accelerating, up 230267% QoQ.