The earnings call presented a mixed picture. While the company achieved strong growth in international segments and increased its market share in the domestic air segment, it faced significant challenges in domestic leisure travel due to macro disruptions. The growth in adjusted operating profit and bus ticketing business was notable, yet the overall revenue growth was impacted by external events.

Company Guidance

During the fiscal 2026 first quarter earnings call, MakeMyTrip reported strong financial performance despite facing several macro challenges. The company achieved a 21% year-on-year growth in adjusted operating profit, reaching $47.3 million, while revenue grew by 7.8% year-on-year in constant currency to $268.8 million. The international air ticketing segment saw a notable revenue growth of over 27% year-on-year, with international hotels revenue increasing by over 45% year-on-year. The company's international business now contributes 27% to the overall revenue, up from 24% the previous year. Additionally, MakeMyTrip managed to grow its market share in the domestic air segment from 30.6% to 30.8%. Despite the macroeconomic headwinds, the company remains optimistic about the long-term growth prospects of the Indian travel sector, driven by rising disposable income, infrastructure upgrades, and a shift in consumer behavior favoring travel experiences.

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 overall revenue, up from 24% last year.

Increased Market Share in Domestic Air Segment

Domestic air segment market share increased 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.

Strong Performance in Bus Ticketing Business

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

Robust Corporate Travel Growth

Corporate travel platforms, myBiz and Quest2Travel, showed strong growth with increased active corporate customer counts.

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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