MakeMyTrip reports Q3 revenue $295.7M vs $267.4M last year

Reports Q3 adjusted EBIT $50.7M vs $46M last year. Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip (MMYT), said, “Our diversified product portfolio of transport and accommodation options helped us mitigate the impact of slower growth in the domestic air travel market and deliver strong overall growth in this seasonal quarter. We remain focused on expanding our wallet share with Indian travelers each quarter, with comprehensive and differentiated offerings for new and existing customers. We are also progressing well on our AI journey to continuously improve customer experience and to make our organisation more efficient and agile.”