MakeMyTrip Reports 14.47% Jump in Q3 Adjusted Net Profit to $51.4 Million
MakeMyTrip Ltd reported strong Q3 FY26 results with adjusted net profit growing 14.47% to $51.4 million and revenue increasing 15.4% to $295.7 million year-on-year. The company successfully navigated slower domestic air travel growth through its diversified transport and accommodation portfolio, demonstrating the strength of its business model during the seasonal quarter.
*this image is generated using AI for illustrative purposes only.
MakeMyTrip Ltd, the Nasdaq-listed online travel service provider, delivered robust financial performance in the third quarter of FY26, demonstrating resilience despite challenges in the domestic air travel segment. The company reported strong growth across key financial metrics, supported by its diversified product portfolio and strategic focus on expanding market share.
Financial Performance Highlights
MakeMyTrip's financial results for Q3 FY26 showed consistent growth momentum across both profitability and revenue metrics. The company's adjusted net profit and revenue figures reflect the strength of its business model during the seasonal quarter.
| Financial Metric: | Q3 FY26 | Q3 FY25 | Growth (%) |
|---|---|---|---|
| Adjusted Net Profit: | $51.40 million | $44.90 million | +14.47% |
| Revenue (IFRS): | $295.70 million | $267.40 million | +15.40% |
Strategic Positioning and Market Dynamics
MakeMyTrip Group CEO Rajesh Magow highlighted the company's ability to navigate market challenges through strategic diversification. The company's comprehensive portfolio of transport and accommodation options proved instrumental in offsetting the impact of slower growth in India's domestic air travel market.
"Our diversified product portfolio of transport and accommodation options helped us mitigate the impact of slower growth in the domestic air travel market and deliver strong overall growth in this seasonal quarter," Magow stated.
Future Growth Strategy
The company remains committed to expanding its market presence and enhancing customer value proposition. MakeMyTrip's strategic focus centers on increasing wallet share among Indian travelers through innovative offerings and improved service delivery.
Key strategic priorities include:
- Expanding wallet share with Indian travelers each quarter
- Developing comprehensive and differentiated offerings for new customers
- Enhancing service quality for existing customer base
- Advancing AI capabilities to improve customer experience
- Leveraging technology to increase organizational efficiency and agility
Technology and Innovation Focus
MakeMyTrip continues to invest in artificial intelligence and technology infrastructure to enhance its competitive position. The company's AI journey aims to deliver superior customer experiences while improving operational efficiency across the organization. These technological advancements are expected to support the company's growth objectives and strengthen its market leadership in India's online travel sector.
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