Makemytrip Limited Mauritius Stock Price, News & Analysis

MakeMyTrip Limited announced its fiscal 2022 third-quarter financial results, highlighting significant growth in revenue and a positive outlook. The company reported a revenue increase of 80.7% year-over-year, reaching $69.5 million. This surge is attributed to a rebound in travel demand post-COVID-19. The operating loss narrowed to $12.5 million, indicating improved operational efficiency. MakeMyTrip also experienced a rise in gross bookings, exceeding $2 billion, marking a 90% increase from the previous year.

MakeMyTrip Limited (Nasdaq: MMYT) will announce its fiscal 2022 third quarter financial and operating results on January 25, 2022, before market opening. The press release can be accessed on their Investor Relations website, as it will not be distributed through newswires. Additionally, a live Zoom Webinar with senior management will take place at 7:30 am EDT (6:00 pm IST) on the same day, providing insights into the financial results. A replay will be available approximately two hours post-event.

MakeMyTrip Limited (Nasdaq: MMYT) is set to announce its fiscal 2022 Q2 financial results on October 26, 2021, before market opening. The results will be shared on their Investor Relations website, not via newswires. Additionally, a live Zoom Webinar for stakeholders will occur at 7:30 am EDT, hosted by the senior management team. Registration is required, and a replay will be available post-event.

MakeMyTrip operates key travel brands including MakeMyTrip, goibibo, and redbus, providing extensive travel services both domestically and internationally.

MakeMyTrip Limited (NASDAQ: MMYT) announced a partnership with Hopper on October 14, 2021. This collaboration aims to enhance customer experience in flight bookings by integrating Hopper's Price Freeze technology with MakeMyTrip’s Price Lock feature.

The Price Lock feature allows travelers to secure flight fares for up to seven days, addressing the rising demand for flexible travel options in a post-pandemic world. The partnership is expected to increase conversions and revenue while providing users with greater fare transparency and protection against airfare volatility.

MakeMyTrip Limited (NASDAQ: MMYT), India’s leading online travel company, will hold its annual shareholder meeting on September 8, 2021, at 5:00 PM IST in Gurugram. The notice of the meeting and proxy forms were published on August 9, 2021. Shareholders can access the annual report and audited financial statements for the fiscal year ending March 31, 2021, on the company’s investor relations website. Copies are available free of charge via email request to the investor relations department.

MakeMyTrip Limited (Nasdaq: MMYT) is set to release its fiscal 2022 Q1 financial and operational results on July 27, 2021, before market opening. The results will be made available on their Investor Relations website, with no newswire distribution. Additionally, a live Zoom Webinar featuring the senior management team will take place at 7:30 am EDT. Interested participants can register online and will receive a confirmation email with access details. A replay of the webinar will be posted on the company's website shortly after the live presentation.

MakeMyTrip Limited (Nasdaq: MMYT) will announce its fiscal 2021 fourth quarter and full year results on May 25, 2021, prior to market opening. The results will be available on the Investor Relations website, and a conference call is scheduled for 7:30 AM EDT. Dial-in details are provided for participation. MakeMyTrip operates popular travel brands, including MakeMyTrip, goibibo, and redbus, offering various services like air ticketing, hotel bookings, and holiday planning.

MakeMyTrip Limited (Nasdaq: MMYT) announced the pricing of $200 million in convertible senior notes due 2028, increasing from a prior offering of $175 million. The notes have a conversion rate set at 25.8035 ordinary shares per $1,000 principal amount, translating to an approximate conversion price of $38.75 per share. Proceeds from this offering, estimated at $194.5 million, will be utilized for working capital and general corporate purposes. Settlement of the sale is anticipated on February 9, 2021, subject to customary closing conditions.

MakeMyTrip Limited (Nasdaq: MMYT) announced plans to offer up to $175 million in convertible senior notes due 2028. The offering includes an option for initial purchasers to acquire an additional $25 million. The notes will be senior, unsecured obligations and convertible into ordinary shares. The proceeds will be utilized for working capital and general corporate purposes. The offering is subject to market conditions, and there are no assurances that it will be completed.