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Makemytrip Limited (MMYT)
NASDAQ:MMYT
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.24Last Year’s EPS
1.45Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 23, 2025
|% Change Since: 1.05%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a robust performance with significant growth in international markets and record operating profit. However, there were challenges such as domestic air supply issues and competitive pressures from airline direct bookings. Despite these challenges, the company's strategic initiatives and execution have been strong, resulting in a generally positive outlook.Company Guidance
During the Q3 2025 earnings call for MakeMyTrip Limited, several key metrics were highlighted to illustrate the company's robust performance. The gross booking value grew year-on-year by 26.8% in constant currency terms, compared to 22.9% in the first half of the fiscal year. Adjusted operating profit reached an all-time quarterly high of $46 million, reflecting a 38% increase year-on-year. The Air Ticketing segment reported a 20% year-on-year increase in revenue, while the international hotel segment experienced a 63% growth. The company's bus ticketing business saw a 23.6% rise in gross bookings. Moreover, the corporate travel segment showed strong growth, with active corporate customer counts on myBiz and Quest2Travel platforms increasing to 64,000 and 493, respectively. This overall growth was supported by a strategic focus on expanding into emerging demand segments and leveraging advanced technologies like GenAI to enhance customer experience.Accelerated Year-on-Year Growth
The company reported a year-on-year growth rate of 26.8% in gross booking value in constant currency terms for the quarter, compared to 22.9% in the first half of the fiscal year.
Record High Adjusted Operating Profit
Adjusted operating profit reached an all-time quarterly high of $46 million, marking a year-on-year growth of 38%.
Strong Performance in International Market
International Air Ticketing revenue and international hotel revenue grew by over 63% year-on-year, with the international market becoming more significant.
Expansion in Accommodation Business
The Accommodation segment, including hotels and packages, showed a 24.9% year-on-year growth in adjusted margin on a constant currency basis.
Growth in Bus and Rail Business
Bus Ticketing business grew by 23.6% year-on-year in constant currency, and Rail business continued to bring new users to the platform.
Corporate Travel Expansion
The active corporate customer count on myBiz increased to over 64,000, and on Quest2Travel to 493 large corporates, reflecting strong growth.
GenAI Strategy Implementation
Expansion of Myra, a GenAI powered chatbot, to enhance customer experience in accommodation bookings was highlighted.
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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
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MMYT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 15, 2024 | $77.03 | $85.37 | +10.83% |
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.
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FAQ
When does Makemytrip Limited (MMYT) report earnings?
Makemytrip Limited (MMYT) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Makemytrip Limited (MMYT) earnings time?
Makemytrip Limited (MMYT) earnings time is at May 14, 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 2025 (Q4) is 0.24.
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