Q1 FY27 bookings hit $2.9B at MakeMyTrip (NASDAQ: MMYT)

Rhea-AI Filing Summary

MakeMyTrip Limited reported unaudited results for its fiscal first quarter ended June 30, 2026. Gross Bookings grew 19.9% year over year in constant currency to about $2.9 billion, while revenue rose 16.1% in constant currency to $285.6 million. Results from operating activities reached $43.7 million, an 8.3% increase year over year, and adjusted operating profit was $51.4 million.

Segment adjusted margins in constant currency increased, with Air Ticketing at $98.5 million, Hotels and Packages $134.5 million, Bus Ticketing $51.8 million, and Others $24.9 million. The company highlighted its AI assistant Myra 2.0, which handled over 85,000 daily conversations in the quarter, with more than 45% from Tier II and Tier III cities, and resolved over 50% of post-booking flight and hotel queries.

Positive

• Gross Bookings increased 19.9% year over year in constant currency to about $2.9 billion, alongside double‑digit adjusted margin growth across all major business segments.
• Adjusted operating profit (Adjusted EBIT) rose to $51.4 million from $47.3 million, reflecting improved profitability despite external headwinds in the travel market.

Negative

• None.

Key Figures

Gross Bookings Q1 FY27: $2,854.7 million Revenue Q1 FY27: $285.6 million Results from Operating Activities: $43.7 million +5 more

8 metrics

Gross Bookings Q1 FY27 $2,854.7 million Quarter ended June 30, 2026; up 19.9% year over year in constant currency

Revenue Q1 FY27 $285.6 million Quarter ended June 30, 2026; up 16.1% year over year in constant currency

Results from Operating Activities $43.7 million Q1 FY27; increased 8.3% year over year from $40.4 million

Adjusted Operating Profit (Adjusted EBIT) $51.4 million Q1 FY27; compared with $47.3 million in Q1 FY26

Hotels and Packages Adjusted Margin $134.5 million Q1 FY27; 21.3% year-over-year growth in constant currency

Bus Ticketing Adjusted Margin $51.8 million Q1 FY27; 32.4% year-over-year growth in constant currency

Myra Daily Conversations over 85,000 Average daily conversations handled by AI assistant Myra in Q1 FY27

Post-booking Queries Resolved by Myra over 50% Share of post-booking flight and hotel queries resolved in Q1 FY27

Key Terms

Gross Bookings, Adjusted Margin, Results from Operating Activities, Adjusted Operating Profit, +2 more

6 terms

Gross Bookings financial

"Gross Bookings for the quarter grew by 19.9% YoY in constant currency"

Gross bookings is the total dollar value of transactions a company records from sales, reservations, or orders before subtracting cancellations, refunds, taxes, or fees. Think of it as the full amount put into a shopping cart at checkout rather than the final receipt; it shows raw customer demand and sales momentum but does not equal actual revenue or profit, so investors use it to gauge growth and market interest while also watching conversion to net revenue.

Adjusted Margin financial

"Strong growth in Adjusted Margin across segments with Air Ticketing growing 10.8%"

Adjusted margin measures a company’s profitability after removing or altering certain charges or gains that management believes obscure its regular results, such as one‑time costs, unusual gains, or accounting items. Investors care because it aims to show the business’s recurring profit rate — like looking at a household budget but ignoring a single big, unexpected expense — which helps compare performance across periods and between companies more fairly.

Results from Operating Activities financial

"Results from Operating Activities for the quarter was $43.7 million"

Adjusted Operating Profit financial

"Adjusted Operating Profit (also referred to as Adjusted EBIT) 3 | 51.4"

Adjusted operating profit is a measure of a company’s routine profit from its core business activities after removing one‑time events, unusual costs or non‑cash items so the result reflects ongoing operations. Think of it like judging a car’s normal fuel efficiency after ignoring a single visit to the body shop; investors use it to compare underlying profitability across periods or peers and to judge whether the business is sustainably earning money, but the specific exclusions can be subjective.

constant currency financial

"Gross Bookings for the quarter grew by 19.9% YoY in constant currency"

Constant currency is a way of measuring financial results that removes the effects of changes in currency exchange rates. It allows for a clearer comparison of a company's performance over time by showing what the numbers would look like if exchange rates had stayed the same. This helps investors understand whether growth comes from actual business improvements or just currency fluctuations.

non-IFRS measure financial

"This is a non-IFRS measure. Reconciliations of IFRS measures to non-IFRS"

A non-IFRS measure is a financial number a company reports that is calculated outside standard accounting rules; it adjusts or removes items such as one-time costs, taxes, or accounting entries to highlight what management sees as the business’s recurring performance. Investors use these figures like a tailored snapshot to understand underlying trends — similar to a chef sharing a simplified recipe — but because they are not standardized, they require careful comparison and scrutiny.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How did MakeMyTrip (MMYT) gross bookings perform in Q1 FY27?

MakeMyTrip’s gross bookings grew 19.9% year over year in constant currency to approximately $2.9 billion in Q1 FY27. This growth came despite multiple external events impacting travel demand during the quarter.

What revenue did MakeMyTrip (MMYT) report for Q1 FY27 and what was the growth rate?

MakeMyTrip reported Q1 FY27 revenue of $285.6 million, up 16.1% year over year in constant currency. This reflects broad-based strength across air ticketing, hotels and packages, bus ticketing, and other travel services.

What were MakeMyTrip (MMYT)’s operating profit metrics in Q1 FY27?

Results from operating activities were $43.7 million, representing 8.3% year-over-year growth. Adjusted operating profit (also referred to as Adjusted EBIT) reached $51.4 million, up from $47.3 million in the prior-year quarter.

How did MakeMyTrip (MMYT)’s segment adjusted margins perform in Q1 FY27?

In constant currency, adjusted margins were $98.5M for Air Ticketing, $134.5M for Hotels and Packages, $51.8M for Bus Ticketing, and $24.9M for Others, with each segment delivering double‑digit year‑over‑year growth.

What AI initiatives, including Myra 2.0, did MakeMyTrip (MMYT) highlight for Q1 FY27?

MakeMyTrip launched Myra 2.0, an AI-powered conversational booking platform handling over 85,000 daily conversations. More than 45% came from Tier II and III cities, and Myra resolved over 50% of post-booking flight and hotel queries.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of August 2026

Commission File Number 001-34837

MAKEMYTRIP LIMITED

(Translation of registrant’s name into English)

19th Floor, Building No. 5

DLF Cyber City

Gurugram, India, 122002

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Other Events

Unaudited Business and Financial Highlights for the quarter ended June 30, 2026

On August 3, 2026, MakeMyTrip Limited (“MakeMyTrip”) issued a press release announcing its unaudited business and financial highlights for the first quarter of fiscal 2027 (i.e. quarter ended June 30, 2026). A copy of the press release dated August 3, 2026 is attached hereto as Exhibit 99.1.

Exhibit

99.1 Press release by MakeMyTrip Limited dated August 3, 2026.

EXHIBIT INDEX

99.1 Press release by MakeMyTrip Limited dated August 3, 2026.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 3, 2026

MAKEMYTRIP LIMITED
By:		/s/ Rajesh Magow
Name:		Rajesh Magow
Title:		Group Chief Executive Officer

Exhibit 99.1

EARNINGS PRESS RELEASE

MakeMyTrip Delivers Strong Performance in a Tough Business Environment

Gross Bookings grew by 19.9%2 YoY | Double Digit Adjusted Margin growth across key Business Segments2 YoY

National, August 3, 2026 (NASDAQ: MMYT) — MakeMyTrip Limited, India’s leading travel service provider, today announced its unaudited financial and operating results for its fiscal first quarter ended June 30, 2026, as attached herewith and available at www.sec.gov/ and on our website at http://investors.makemytrip.com.

Business & Financial Highlights | Q1 FY27

1.Gross Bookings for the quarter grew by 19.9% YoY in constant currency and reached approximately $2.9 billion. We experienced strong growth in the quarter despite headwinds from multiple external events impacting travel.

2.Revenue for the quarter grew 16.1% YoY in constant currency. Strong growth in Adjusted Margin across segments with Air Ticketing growing 10.8%, Hotels and Packages growing 21.3%, Bus Ticketing growing 32.4% and Others growing 27.2% YoY in constant currency.

3.Results from Operating Activities for the quarter was $43.7 million registering 8.3% growth YoY.

4.We continue to build on our AI initiatives:

a.We launched Myra 2.0, the next version of our AI-powered travel assistant, which is now an end-to-end conversational booking platform.

b.Customers can now search, compare, ask contextual questions, upload documents, and complete bookings, including agentic payments, through a single conversational interface by voice if preferred, across eight Indian languages.

c.Myra engaged in over 85,000 daily conversations in Q1 FY27, of which more than 45% originated from Tier II and Tier III cities in India.

d.Myra is also driving meaningful efficiency gains post-booking, resolving over 50% of post-booking queries in relation to flights and hotels during Q1 FY27.

	Q1 FY27 ($ Million)	Q1 FY26 ($ Million)	YoY Change (Constant Currency)2
Gross Bookings	2,854.7	2,608.5	19.9%
Revenue as per IFRS	285.6	268.8	16.1%
Adjusted Margin1
Air Ticketing	98.5	97.1	10.8%
Hotels and Packages	134.5	121.9	21.3%
Bus Ticketing	51.8	42.6	32.4%
Others	24.9	21.5	27.2%
Results from Operating Activities	43.7	40.4
Adjusted Operating Profit (also referred to as Adjusted EBIT)3	51.4	47.3

Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip, said,

“Despite macroeconomic disruptions, particularly in international travel, travelers made alternative choices for their leisure travel this quarter. As a result, we delivered a strong performance, underscoring the strength of our diversified range of travel products and services available on our platform.

While there are short-term headwinds due to the West Asia conflict impacting oil prices, we remain positive about the long-term outlook of the travel and tourism market in India on the back of infrastructure development and rising propensity to travel in India.”

Notes:

(1)This is a non-IFRS measure. Reconciliations of IFRS measures to non-IFRS financial measures and operating results are included at the end of our earnings release. For more information, see “About Key Performance Indicators and Non-IFRS Measures” in our earnings release.

(2)Constant currency refers to our financial results, assuming constant foreign exchange rates for the current fiscal period based on the rates in effect during the comparable period in the prior fiscal year. This is a non-IFRS measure. Reconciliations of IFRS measures to non-IFRS financial measures and operating results are included at the end of our earnings release. For more information, see “About Key Performance Indicators and Non-IFRS Measures” in our earnings release.

(3)Adjusted Operating Profit (AOP) is commonly referred to among investors and analysts in India as Adjusted EBIT.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 44.9 KB