MakeMyTrip Reports Strong Q3 Growth Amidst Sluggish Air Market

MakeMyTrip Ltd, listed on the Nasdaq, reported a 14.47% increase in its adjusted net profit for Q3 to USD 51.4 million. The company's revenue climbed by 15.4% to USD 295.7 million. Despite a slow domestic air travel market, MakeMyTrip's diverse offerings and AI advancements fueled growth.

Nasdaq-listed online travel service provider MakeMyTrip Ltd announced a 14.47% increase in its adjusted net profit, reaching USD 51.4 million for the third quarter ending December 2025. This notable growth compares to an adjusted net profit of USD 44.9 million recorded in the same quarter the previous year.

The company's revenue, based on International Financial Reporting Standards (IFRS), saw a 15.4% year-on-year rise, totalling USD 295.7 million for Q3 FY26, up from USD 267.4 million in Q3 FY25. This performance comes despite a slowdown in the domestic air travel market.

MakeMyTrip Group CEO Rajesh Magow attributed this growth to the company's diverse product portfolio, emphasizing both transport and accommodation options. Magow highlighted the company's ongoing focus on expanding its market share among Indian travelers through innovative and varied offerings, while also advancing in AI to enhance customer experience and organizational efficiency.

(With inputs from agencies.)