MMYT

MakeMyTrip Q4 Profit Declines Despite Higher Revenue

(RTTNews) - MakeMyTrip Limited (MMYT) on Tuesday reported fourth-quarter results with profit declining from last year as higher finance costs offset continued revenue growth.

Revenue rose to $250.1 million in the quarter ended March 31, 2026, from $245.5 million in the same period last year.

Net income attributable to owners of the company fell to $24.2 million from $29.2 million a year earlier. Earnings per share declined to $0.02 from $0.25.

For the full fiscal year 2026, revenue increased to $1.04 billion from $978.3 million, while net income decreased to $51.8 million from $95.1 million.

MMYT is currently trading at $39.47, down $5.46 or 12.15 percent on the Nasdaq.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.