MakeMyTrip Q1 revenue rises 16.1% as hotels, buses and Myra 2.0 gain traction
MakeMyTrip reported Q1 FY27 revenue of $285.6 million and gross bookings of about $2.9 billion, despite travel headwinds. Hotels and packages grew 21.3%, bus ticketing rose 32.4%, while AI assistant Myra handled more than 85,000 daily conversations, with over 45% from Tier II and III cities.
MakeMyTrip reported Q1 FY27 growth despite travel headwinds, led by hotels, packages and bus ticketing. The OTA also expanded Myra 2.0 conversational booking and support capabilities, with significant usage from Tier II and III cities.
Why this matters
The results follow recent signals on MakeMyTrip’s confidential DRHP for an approximately $1 billion India IPO, 15 years after its Nasdaq debut. Q1 operating growth adds a business-performance update alongside the IPO effort.
Retail-company signals are accelerating, up 229,367% QoQ.
Also reported by
- YourStory · Capital — Same time