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MAKEMYTRIP FINANCIAL PERFORMANCE
MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 millionMakeMyTrip reported a $1.8 million Q2 net profit, reversing a year-earlier loss of $5.7 million. Revenue rose 11.2% to $235.2 million, whil...
Singapore records over 600,000 Indian visitors in first half of 2026Singapore received over 600,000 Indian visitors in the first half of 2026, while tourism receipts from India rose 8% to S$374 million in Q1...
MakeMyTrip Q1 bookings rise 20%; AI assistant drives growthMakeMyTrip reported a 19.9% year-on-year rise in Q1 gross bookings to $2.85 billion, while revenue and adjusted operating profit increased ...
MakeMyTrip reports gross bookings of $10.4 billion for FY26MakeMyTrip achieved record gross bookings of $10.4 billion for fiscal year 2026. Revenue also reached $1 billion for the full year. The com...
Goldman Sachs raises India to overweight; 2026 Nifty target at 29,000Goldman Sachs has upgraded Indian equities to 'overweight' with a 2026 Nifty target of 29,000, anticipating a strong rebound after this yea...
Mohit Kabra takes over as Group COO, Dipak Bohra named Group CFO at MakeMyTripMakeMyTrip has appointed Mohit Kabra, previously Group CFO and board member, as the new Group COO to oversee operations and strategy. Dipak...
RedBus appoints Livspace's Saurabh Agarwal as finance chiefRedBus has appointed Saurabh Agarwal as its new chief financial officer, bringing over two decades of experience in financial leadership an...
Beyond Financials: Amnish Aggarwal’s safe-haven sectors for smart investorsMarkets have stabilized after a period of panic, with stock pickers advised to focus on sectors like infra, engineering, hospitals, and tou...
MMT posts a profit of $27 million in Q3, revenue at $ 267.4 millionMakeMyTrip posted a Q3 FY25 profit of $27M, up from $24M last year, with revenues rising 26.2% to $267.4M. Strong growth in gross bookings,...
MMT clocks highest ever gross bookings in Q1FY25MakeMyTrip's CEO, Rajesh Magow, reported a 22% year-on-year growth in its gross booking value for Q1 2022, reaching over $2.4 billion. The ...
MakeMyTrip clocks profit of $2 million in Q2FY24, to acquire Savaari Car RentalsMakeMyTrip, a Nasdaq-listed company, has agreed to acquire a majority stake in Savaari Car Rentals Private Limited, a provider of inter-cit...
Airlines, OTAs battle fraud alerts, hoax calls to customers seeking refundsIndia's biggest OTA MakeMyTrip has issued alerts to its customers stating there are attempts being made by fraudsters to seek bank account ...
MakeMyTrip's Q3 loss narrows to $11 million; Rajesh Magow elevated as Group CEOThe company had posted an adjusted operating loss of USD 22.2 million (over Rs 158 crore) for the corresponding period of the previous fisc...
Too high too fast? IRCTC on a roll, but run may not lastIRCTC’s performance is in contrast with other PSU IPOs.
MakeMyTrip-Ibibo merger: How combined entity continues to struggle with problems old and newThe $1.8-billion largely stock deal saw the then newly merged travel giant grab more than 60% of the overall online travel market in India.
Companies find ways to recognise quiet performersCompanies have either devised differentiated strategies to identify and acknowledge top performers who keep a low profile.
Best companies to work for 2013: How the downturn has honed innovative HR practicesAs a result of the slowdown, companies took up initiatives like career progression assistance, rewards and recognition to hold on to valuab...
Planning to come out with an IPO? Things to keep in mindThe process of going public is time-consuming. It poses certain challenges that a company should be prepared to tackle, especially in the c...
- MakeMyTrip to acquire Singapore-based travel company
MakeMyTrip today said it will acquire 79 per cent stake in Singapore-based travel agency Luxury Tours and Travel (LTT) for $3 million.
- VC-backed IPOs set to raise $1-bn this year
Starting this January, six such VC-backed companies have raised $615 million in initial public offers, in India and abroad.