MakeMyTrip Q1 FY27 revenue rises 6.2%, while profit drops 65%
MakeMyTrip posted $285.6 million in Q1 FY27 revenue, supported by hotel, package and bus bookings. Net profit fell 64.7% to $9.1 million as convertible-note finance costs increased, while international outbound travel stayed subdued amid the West Asia conflict.
MakeMyTrip’s Q1 FY27 revenue rose 6.2% to $285.6 million as domestic travel supported hotels and bus bookings, but profit fell 64.7% to $9.1 million after convertible-note finance costs surged. International outbound demand remained subdued amid the West Asia conflict.
Why this matters
The result follows MakeMyTrip's recent 19.9% gross-bookings growth and reports of hotel, bus and Myra 2.0 momentum, but shows higher finance costs weighing on earnings despite booking growth.
Retail-company signals are accelerating, up 230400% quarter over quarter.
Also reported by
- Entrackr — Same time