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On a sequential basis, the company recovered after posting a loss of $5.7 Mn
Operating revenue increased 11% YoY and 29% QoQ to $295.7 Mn in Q3 FY26
MakeMyTrip’s net finance cost in the quarter surged to $27.7 Mn from $4.8 Mn primarily due to an increase of $24.2 Mn in interest expense on financial liabilities measured at amortised cost related to convertible senior notes due 2030
Nasdaq-listed online travel aggregator (OTA) MakeMyTrip (MMT) reported a 73% decline in…
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On a sequential basis, the company recovered after posting a loss of $5.7 Mn
Operating revenue increased 11% YoY and 29% QoQ to $295.7 Mn in Q3 FY26
MakeMyTrip’s net finance cost in the quarter surged to $27.7 Mn from $4.8 Mn primarily due to an increase of $24.2 Mn in interest expense on financial liabilities measured at amortised cost related to convertible senior notes due 2030
Nasdaq-listed online travel aggregator (OTA) MakeMyTrip (MMT) reported a 73% decline in…
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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