Education
About Us
Working with TipRanks
Follow Us
Makemytrip Limited (MMYT)
NASDAQ:MMYT
Earnings Data
Report Date
Jul 29, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.29Last Year’s EPS
0.19Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 14, 2025
|% Change Since: -4.09%
|Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment overall, with MakeMyTrip showcasing strong financial performance, significant growth in international revenue, and continued investment in AI technologies. However, there was a temporary disruption in travel bookings due to geopolitical tensions, which the company is optimistic about recovering from.Company Guidance
In the fiscal year 2025, MakeMyTrip achieved record-breaking performance with a gross booking value of $9.8 billion, representing a 25.9% year-on-year growth in constant currency terms. The company reported an adjusted operating profit of $167.3 million, marking a 34.7% increase from the previous year. The fourth quarter alone saw a gross booking value growth of 30.4% and an adjusted operating profit growth of 37.9%, both in constant currency. The company expanded its user base significantly, adding over 9 million new customers, and now boasts a lifetime transacted user base of 82 million. MakeMyTrip's international business has been growing rapidly, with international air-ticketing revenue increasing by over 33% and international hotels revenue by over 65% year-on-year. The international segment now contributes 25% to the company's overall revenue. Additionally, MakeMyTrip has been leveraging generative AI to enhance user experiences, introducing AI-powered features across key business lines and integrating them through a unified interface, Myra.ai, for seamless trip planning and post-sales interactions.Record Gross Booking Value and Customer Growth
MakeMyTrip achieved a record gross booking value of $9.8 billion for fiscal year 2025, representing a year-on-year growth rate of 25.9% in constant currency. The company added over 9 million customers, increasing the lifetime transacted user base to 82 million.
Significant Growth in International Revenue
International air-ticketing revenue grew by over 33% year-on-year, and international hotels revenue grew by over 65% year-on-year, making it one of the fastest-growing business segments. International business now contributes 25% to the overall revenue, up from 22% in fiscal year 2024.
Strong Financial Performance
Revenue grew by 27.4% year-on-year in constant currency to $978 million for fiscal year 2025, with an adjusted operating profit growth of 34.7% year-on-year, reaching $167.3 million.
Investment in GenAI and AI-Powered Features
MakeMyTrip introduced Myra.ai, a trip planning chatbot, and rolled out several generative AI-powered features to enhance customer experience, including review summaries, GenAI search, and AI-driven support for booking changes.
Launch of Standalone Tours and Attractions
The company launched a new offering allowing travelers to book experiences across 1,100+ international cities with 215,000+ tours and attractions.
MMYT Earnings History
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 |
|---|---|---|---|
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% |
Jul 23, 2024 | $89.62 | $96.91 | +8.13% |
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 Jul 29, 2025, TBA Not Confirmed.
What is Makemytrip Limited (MMYT) earnings time?
Makemytrip Limited (MMYT) earnings time is at Jul 29, 2025, TBA Not 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 (Q1) is 0.29.