The earnings call reflects a balanced sentiment with strong international growth, increased market share in the domestic air segment, and significant growth in the bus ticketing business. However, macro challenges adversely affected domestic leisure travel and holiday packages growth. Despite these challenges, the company exhibited operational agility and maintained growth in other segments.

Company Guidance -

Q2 2026

During the fiscal 2026 first-quarter earnings call, MakeMyTrip Limited provided extensive guidance, emphasizing strong top-line growth despite macroeconomic challenges. The company reported an adjusted operating profit of $47.3 million, reflecting a 21% year-on-year increase. Notably, market share in the domestic air segment rose marginally from 30.6% to 30.8%. International air ticketing revenue grew over 27% year-on-year, while international hotels revenue increased by over 45%, with international business comprising 27% of overall revenue. Gross bookings for the hotel and packages segment grew by 15.3% year-on-year in constant currency. The bus ticketing segment saw a 34.1% growth in adjusted margins, while the ground transport business witnessed a 31.6% growth in gross bookings. The call highlighted the continued expansion in Tier 3 cities and the addition of 2,000 directly contracted hotels internationally. Additionally, the company maintained a strategic focus on leveraging generative AI for enhancing customer experience and operational efficiency.

Strong International Growth

International air ticketing revenue grew by over 27% year-on-year, and international hotels revenue grew by over 45% year-on-year. The international business now contributes about 27% to the overall revenue, up from 24% during the same period last year.

Market Share Increase in Domestic Air Segment

The company managed to grow market share in the domestic air segment marginally from 30.6% to 30.8%.

Adjusted Operating Profit Growth

Adjusted operating profit for the quarter was $47.3 million, witnessing a growth of 21% year-on-year.

Corporate Travel Expansion

Active corporate customer count on myBiz is now over 66,500, up from 59,700 in the same quarter last year. Quest2Travel's active customer count has reached 515 large corporates compared to 458 customers in the same quarter last year.

Bus Ticketing Business Growth

Adjusted margin for the bus ticketing business stood at $42.6 million, registering strong year-on-year growth of over 34.1% in constant currency terms.

Makemytrip (MMYT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MMYT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2026 (Q2)	0.25 / -	0.16	―	―	―
Jul 24, 2025	2026 (Q1)	0.27 / 0.22	0.19	15.79% (+0.03)	―
May 14, 2025	2025 (Q4)	0.20 / 0.25	1.449	-82.47% (-1.20)
Jan 23, 2025	2025 (Q3)	0.24 / 0.24	0.22	9.09% (+0.02)
Oct 23, 2024	2025 (Q2)	0.17 / 0.16	0.02	700.00% (+0.14)
Jul 23, 2024	2025 (Q1)	0.24 / 0.19	0.16	18.75% (+0.03)
May 15, 2024	2024 (Q4)	0.15 / 1.45	0.05	2798.00% (+1.40)
Jan 23, 2024	2024 (Q3)	0.15 / 0.22	0.001	21900.00% (+0.22)	―
Oct 31, 2023	2024 (Q2)	0.06 / 0.02	-0.06	133.33% (+0.08)	―
Aug 01, 2023	2024 (Q1)	0.07 / 0.16	-0.088	281.82% (+0.25)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MMYT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$101.90	$101.62	-0.27%
May 14, 2025	$106.59	$105.09	-1.41%
Jan 23, 2025	$103.15	$109.44	+6.10%
Oct 23, 2024	$102.99	$99.14	-3.74%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Makemytrip Limited (MMYT) report earnings?

Makemytrip Limited (MMYT) is schdueled to report earning on Nov 04, 2025, Before Open (Confirmed).

What is Makemytrip Limited (MMYT) earnings time?

Makemytrip Limited (MMYT) earnings time is at Nov 04, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MMYT EPS forecast?

MMYT EPS forecast for the fiscal quarter 2026 (Q2) is 0.25.

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