Makemytrip Limited (MMYT) has released an update.
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MakeMyTrip Limited reported a significant surge in financial performance for FY2024, ending the year with record-high gross bookings and profits. The fourth quarter showed a remarkable 38.1% year-over-year revenue increase, despite being a traditionally slow season for leisure travel. The company’s strategic focus on offering a wide range of travel services and personalized experiences has been credited for the strong growth, with profits for the quarter including substantial one-time gains.
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