MakeMyTrip (MMYT) reported first quarter profit of $21 million, including income tax expenses of $8.5 million due to a reversal of the deferred tax assets. This is compared to profit of $18.6 million, last year. Profit per share was $0.19 compared to $0.17. Adjusted operating profit growth was 29.9% to $39.1 million. Adjusted earnings per share was $0.39, compared to $0.30.
On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.28, for the quarter. Analysts' estimates typically exclude special items.
Revenue as per IFRS grew by 31.4% in constant currency to $254.5 million from $196.7 million, last year. The company said this was primarily a result of an increase of 25.4%, or 27.2% in constant currency, in revenue from air ticketing business, an increase of 27.5%, or 29.6% in constant currency, in revenue from hotels and packagesbusiness, an increase of 17.2%, or 19.3% in constant currency, in revenue from bus ticketing business, and an increase of 95.2%, or 97.2% in constant currency, in revenue from others business. Gross bookings increased by 21.6% to $2.38 billion. Analysts on average had estimated $242.19 million in revenue.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.