MakeMyTrip Q4 Profit Declines Despite Higher Revenue

(RTTNews) - MakeMyTrip Limited (MMYT) on Tuesday reported fourth-quarter results with profit declining from last year as higher finance costs offset continued revenue growth.

Revenue rose to $250.1 million in the quarter ended March 31, 2026, from $245.5 million in the same period last year.

Net income attributable to owners of the company fell to $24.2 million from $29.2 million a year earlier. Earnings per share declined to $0.02 from $0.25.

For the full fiscal year 2026, revenue increased to $1.04 billion from $978.3 million, while net income decreased to $51.8 million from $95.1 million.

MMYT is currently trading at $39.47, down $5.46 or 12.15 percent on the Nasdaq.