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MakeMyTrip Reports Record Gross Bookings for FY25 Amid Strong Travel Demand

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MakeMyTrip Reports Record Gross Bookings for FY25 Amid Strong Travel Demand

Confident Investing Starts Here:

Makemytrip ( (MMYT) ) has provided an announcement.

On May 14, 2025, MakeMyTrip Limited announced its unaudited financial results for the fourth quarter and full fiscal year ending March 31, 2025. The company reported record gross bookings of $9.8 billion for FY25, driven by strong demand in the Indian travel sector. Year-over-year growth was evident across various segments, with a 30.4% increase in gross bookings and a 25.6% rise in revenue for Q4 FY25. The adjusted operating profit also saw a significant increase of 37.9% compared to the previous year. Despite a decrease in profit for Q4 FY25 due to one-time gains in the prior year, the company highlighted its strong platform, brand popularity, and strategic investments in new demand segments as key factors for its robust performance.

The most recent analyst rating on (MMYT) stock is a Buy with a $88.00 price target. To see the full list of analyst forecasts on Makemytrip stock, see the MMYT Stock Forecast page.

Spark’s Take on MMYT Stock

According to Spark, TipRanks’ AI Analyst, MMYT is a Outperform.

Makemytrip demonstrates strong financial performance with robust revenue growth and a solid balance sheet, which significantly contributes to its overall score. Technical analysis and market momentum are generally favorable, though caution is advised due to potential overbought conditions. The valuation indicates a high P/E ratio, suggesting premium pricing relative to peers. Positive sentiment from the earnings call, highlighting strategic growth, further supports the stock’s potential, despite challenges in domestic air supply and competition.

To see Spark’s full report on MMYT stock, click here.

More about Makemytrip

MakeMyTrip Limited is India’s leading travel service provider, specializing in air ticketing, hotel and package bookings, and bus ticketing. The company focuses on both domestic and international travel markets, leveraging its platform to offer personalized travel services and expand its customer base.

Average Trading Volume: 890,349

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.39B

See more insights into MMYT stock on TipRanks’ Stock Analysis page.

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