Profit Jumps To $26 Mn, Business Growth Hit By India-Pak Conflict

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SUMMARY

Sequentially, profit fell 12% from $29.2 Mn

MakeMyTrip reported a 5.6% increase in revenue to $268.9 Mn in Q1 FY26 from $254.5 Mn in the year-ago quarter

The company said while it saw strong growth in April, the business growth was impacted in May and June due to the terrorist attack in Pahalgam and the subsequent India-Pakistan military conflict

Nasdaq-listed online travel aggregator (OTA) MakeMyTrip posted a 23% increase in its profit for the first quarter of FY26 to $25.8 Mn from $21 Mn in the year-ago quarter….



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Profit Jumps To $26 Mn, Business Growth Hit By India-Pak Conflict


SUMMARY

Sequentially, profit fell 12% from $29.2 Mn

MakeMyTrip reported a 5.6% increase in revenue to $268.9 Mn in Q1 FY26 from $254.5 Mn in the year-ago quarter

The company said while it saw strong growth in April, the business growth was impacted in May and June due to the terrorist attack in Pahalgam and the subsequent India-Pakistan military conflict

Nasdaq-listed online travel aggregator (OTA) MakeMyTrip posted a 23% increase in its profit for the first quarter of FY26 to $25.8 Mn from $21 Mn in the year-ago quarter….



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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