MakeMyTrip reports strong Q3 growth despite challenges

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MakeMyTrip reports strong Q3 growth despite challenges

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MakeMyTrip Limited, India's leading travel service provider, has announced its unaudited financial results for the third quarter ending 31 December 2025. The company reported an 11.8% year-on-year increase in gross bookings, reaching $2,784.5 million, and a 15.4% rise in revenue to $295.7 million. This growth was achieved despite a slowdown in the domestic air travel market, thanks to the company's diversified product portfolio.

The company's air ticketing segment saw a 20.4% increase in adjusted margin, whilst hotels and packages grew by 14.6%. Bus ticketing and other services also experienced significant growth, with increases of 26.1% and 45.5% respectively. The results from operating activities rose by 17.9% to $40.9 million.

Rajesh Magow, Group CEO of MakeMyTrip, highlighted the company's focus on expanding its market share among Indian travellers, stating, "Our diversified product portfolio of transport and accommodation options helped us mitigate the impact of slower growth in the domestic air travel market and deliver strong overall growth in this seasonal quarter."

Group COO Mohit Kabra added, "Our ability to serve a wide range of travel demands, coupled with the rapid expansion of our ancillary services, has allowed us to deliver another quarter of strong performance."

MakeMyTrip's strategic initiatives, including the "Travel Ka Mahurat Sale" campaign, have been instrumental in tapping into seasonal travel demand. The company continues to focus on enhancing customer experience through AI advancements, aiming to maintain its growth trajectory in the competitive travel market.
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MakeMyTrip reports strong Q3 growth despite challenges

Representative Image

MakeMyTrip Limited, India's leading travel service provider, has announced its unaudited financial results for the third quarter ending 31 December 2025. The company reported an 11.8% year-on-year increase in gross bookings, reaching $2,784.5 million, and a 15.4% rise in revenue to $295.7 million. This growth was achieved despite a slowdown in the domestic air travel market, thanks to the company's diversified product portfolio.

The company's air ticketing segment saw a 20.4% increase in adjusted margin, whilst hotels and packages grew by 14.6%. Bus ticketing and other services also experienced significant growth, with increases of 26.1% and 45.5% respectively. The results from operating activities rose by 17.9% to $40.9 million.

Rajesh Magow, Group CEO of MakeMyTrip, highlighted the company's focus on expanding its market share among Indian travellers, stating, "Our diversified product portfolio of transport and accommodation options helped us mitigate the impact of slower growth in the domestic air travel market and deliver strong overall growth in this seasonal quarter."

Group COO Mohit Kabra added, "Our ability to serve a wide range of travel demands, coupled with the rapid expansion of our ancillary services, has allowed us to deliver another quarter of strong performance."

MakeMyTrip's strategic initiatives, including the "Travel Ka Mahurat Sale" campaign, have been instrumental in tapping into seasonal travel demand. The company continues to focus on enhancing customer experience through AI advancements, aiming to maintain its growth trajectory in the competitive travel market.
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