MakeMyTrip’s Q2 Profit Zooms Nearly 800% To $17.9 Mn

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SUMMARY

The company’s net profit jumped to $17.9 Mn in Q2 FY25, rising 797% from $2 Mn in the year-ago quarter. 

While the revenue jumped 25.1% to $211 Mn in the quarter ended September 2024 (Q2 2025) from $168.7 Mn in the year-ago period.

The company attributed the rising revenue to the increase in revenue from air ticketing business, hotels and packages business, and bus ticketing business. 

Online travel aggregator MakeMyTrip’s net profit jumped to $17.9 Mn in Q2 FY25, rising 797% from $2 Mn in the year-ago quarter. 

The Nasdaq-listed company’s revenue jumped 25.1% to $211 Mn in the quarter ended September 2024 (Q2 2025) from $168.7 Mn in the year-ago period. 

“The increase in revenue was primarily due to the robust travel demand in India for both domestic and international outbound travel in the Q2 2025,” the company said. 

The company attributed the rising revenue to the increase in revenue from air ticketing business, hotels and packages business, and bus ticketing business. 

“We are pleased to have achieved sustained growth in a seasonally slow quarter. Our unwavering focus on innovation, powered by advanced technology to deliver a differentiated customer experience, has been a key driver of this progress,” said Rajesh Magow, group chief executive officer of MakeMyTrip. 

(The story will be updated soon.) 





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MakeMyTrip’s Q2 Profit Zooms Nearly 800% To $17.9 Mn


SUMMARY

The company’s net profit jumped to $17.9 Mn in Q2 FY25, rising 797% from $2 Mn in the year-ago quarter. 

While the revenue jumped 25.1% to $211 Mn in the quarter ended September 2024 (Q2 2025) from $168.7 Mn in the year-ago period.

The company attributed the rising revenue to the increase in revenue from air ticketing business, hotels and packages business, and bus ticketing business. 

Online travel aggregator MakeMyTrip’s net profit jumped to $17.9 Mn in Q2 FY25, rising 797% from $2 Mn in the year-ago quarter. 

The Nasdaq-listed company’s revenue jumped 25.1% to $211 Mn in the quarter ended September 2024 (Q2 2025) from $168.7 Mn in the year-ago period. 

“The increase in revenue was primarily due to the robust travel demand in India for both domestic and international outbound travel in the Q2 2025,” the company said. 

The company attributed the rising revenue to the increase in revenue from air ticketing business, hotels and packages business, and bus ticketing business. 

“We are pleased to have achieved sustained growth in a seasonally slow quarter. Our unwavering focus on innovation, powered by advanced technology to deliver a differentiated customer experience, has been a key driver of this progress,” said Rajesh Magow, group chief executive officer of MakeMyTrip. 

(The story will be updated soon.) 





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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