Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2025 Rev YoY: +24.8% EPS YoY: +9.1% Move: +0.02%

Previous: Q2 2025 Next: Q1 2026

MakeMyTrip Limited

MMYT

$57.10 0.02%

Exchange NASDAQ Sector Consumer Cyclical Industry Travel Services

Q3 2025

Published: Jan 23, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for MMYT

Reported

Report Date

Jan 23, 2025

Quarter Q3 2025

Revenue

267.36M

YoY: +24.8%

EPS

0.23

YoY: +9.1%

Market Move

+0.02%

Previous quarter: Q2 2025

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Earnings Highlights

Revenue of $267.36M up 24.8% year-over-year
EPS of $0.23 increased by 9.1% from previous year
Gross margin of 71.1%
Net income of 27.02M
""Indian travelers continue to demonstrate their eagerness to travel and experience new horizons... this has enabled us to outpace industry growth consistently." - Rajesh Magow" - Rajesh Magow

MMYT

MakeMyTrip Limited

Period Q3 2025

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

MakeMyTrip Limited (MMYT) posted robust financial results for Q3 2025, characterized by strong revenue growth driven by increased travel demand and improved operational efficiency. The company reported a revenue of $267.4 million, reflecting a year-over-year increase of 24.8%. This growth is attributed to favorable macroeconomic conditions, changing consumer behaviors, and strategic enhancements in service offerings. Management highlighted record performance in both air ticketing and hotel bookings, showcasing a resilience against competitive pressures. As the company continues to innovate and adapt to customer needs, the forward outlook remains optimistic, with significant growth opportunities identified in international markets and experiential travel segments.

Key Performance Indicators

Revenue

Increasing

267.36M

QoQ: 26.72% | YoY: 24.81%

Gross Profit

Increasing

189.98M

71.06% margin

QoQ: 65.00% | YoY: 25.11%

Operating Income

Increasing

34.69M

QoQ: 33.57% | YoY: 53.18%

Net Income

Increasing

27.02M

QoQ: 51.35% | YoY: 11.37%

EPS

Increasing

0.24

QoQ: 50.00% | YoY: 9.09%

Revenue Trend

Margin Analysis

Financial Highlights

Key Financial Metrics
- Revenue: $267.4 million (YoY +24.8%, QoQ +26.7%)
- Net Income: $27.0 million (YoY +11.4%, QoQ +51.4%)
- Gross Profit Margin: 71.1%
- Operating Income: $34.7 million (29.6% of revenue)
- EBITDA: $48.1 million
- Adjusted Operating Profit Margin: 17.8%
- Customer Acquisition Cost: 4.9% of gross bookings

Operational Highlights
- Adjusted operating profit reached its highest at $46 million.
- Domestic air ticketing market share maintained above 30%, despite supply constraints.
- International air ticketing revenue increased by 32% YoY, while hotel bookings grew 63% YoY.
- The company's strong cash position with over $700 million in cash and cash equivalents supports future growth initiatives and potential acquisitions.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	267.36M	24.81%	26.72%
Gross Profit	189.98M	25.11%	65.00%
Operating Income	34.69M	53.18%	33.57%
Net Income	27.02M	11.37%	51.35%
EPS	0.24	9.09%	50.00%

Key Financial Ratios

Gross Profit Margin

Excellent

71.10%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Fair

13.00%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Good

10.10%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Weak

1.49%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

2.28%

Return on equity suggests inefficient capital allocation

Current Ratio

Strong

2.88

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Conservative

0.20

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

High Growth

117.42x

Very high P/E indicates aggressive growth expectations, higher risk

Price to Book

High Premium

10.70x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	268.85	0.22	+32.5%	View
Q3 2025	267.36	0.23	+24.8%	View
Q2 2025	210.99	0.16	+25.1%	View
Q1 2025	254.52	0.19	+29.4%	View
Q4 2024	202.89	1.26	+36.6%	View

MakeMyTrip Limited (MMYT) Q3 2025 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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Q3 2025 Reports in Consumer Cyclical Sector

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