MakeMyTrip Swings To $1.8 Mn Profit In Q2 FY27, Revenue Up 2.5% YoY

The Nasdaq-listed online travel company reported a swing from a $5.7 million loss in the prior year to $1.8 million profit in the September quarter, with revenue reaching $235.2 million. Gross bookings grew 11.3% to $2.72 billion, though constant-currency analysis showed stronger 11.2% and 20.9% growth respectively when excluding rupee depreciation effects. Domestic travel remained robust while international long-haul outbound travel weakened due to elevated fuel costs and currency headwinds.

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