MakeMyTrip Reports Record $9.8B Gross Bookings for FY25; Q4 Revenue Up 25.6% YoY, Adjusted Operating Profit Grows 37.9%

Reuters
05-14
MakeMyTrip Reports Record $9.8B Gross Bookings for FY25; Q4 Revenue Up 25.6% YoY, Adjusted Operating Profit Grows 37.9%

MakeMyTrip Limited, a leading travel service provider in India, reported its financial results for the fiscal fourth quarter and full year ended March 31, 2025. The company achieved record gross bookings of $9.8 billion for FY25, marking a 25.9% year-over-year increase from $7.95 billion in FY24. For Q4 FY25, gross bookings rose by 30.4% year-over-year to $2.55 billion, compared to $2.04 billion in Q4 FY24. Revenue for Q4 FY25 grew by 25.6% year-over-year to $245.5 million, up from $202.9 million in Q4 FY24. The Adjusted Operating Profit for the fourth quarter saw a 37.9% increase, reaching $44.7 million, compared to $32.4 million in the same quarter the previous year. The profit for Q4 FY25 was reported at $29.2 million, a decline from Q4 FY24's profit of $171.9 million, which included one-time gains of $126.1 million from deferred tax assets recognition and a $30.6 million gain from a change in the carrying value of convertible notes. Excluding these one-time gains, the profit for Q4 FY24 was $15.2 million. The company attributes its strong performance to robust growth in domestic and international travel demand, along with investments in new demand segments and personalized customer experiences.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MakeMyTrip Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-070892), on May 14, 2025, and is solely responsible for the information contained therein.

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