MakeMyTrip Reports Record Revenue for Q3 FY25
Business/Finance/Travel

MakeMyTrip Reports Record Revenue for Q3 FY25

MakeMyTrip Limited announces record financial growth in travel demand in India.

MakeMyTrip Limited has reported its unaudited financial and operating results for the fiscal third quarter ending December 31, 2024.

  • Revenue as per IFRS increased 26.2% YoY in constant currency to $267.4 million in Q3 FY25 from $214.2 million in Q3 FY24.
  • Adjusted Operating Profit soared 37.6% YoY, reaching $46.0 million compared to $33.4 million in Q3 FY24.
  • Profits for Q3 FY25 stood at $27.1 million, up from $24.2 million in Q3 FY24.

Rajesh Magow, MakeMyTrip’s Group CEO, commented: “The Indian travel and tourism sector is witnessing robust growth, reflecting a strong desire among travelers to explore new horizons. While Indian destinations continue to shine, many countries have made significant efforts to attract Indian travelers. Our strong performance this quarter reflects these macro trends, alongside our focused execution and commitment to customer centricity.”

Mohit Kabra, Group CFO, added: “Our robust financial performance this quarter across all lines of business underscores our strong execution of strategic priorities and the resilience of the travel sector. Our disciplined approach to cost management, combined with targeted investments in technology and customer experience, has enabled us to capitalize on growing travel demand and drive profitable growth.”

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