MakeMyTrip Limited, India’s leading travel service provider, today announced its unaudited financial and operating results for its fiscal first quarter ended June 30, 2024 as attached herewith and available at www.sec.gov/ and on our website at http://investors.makemytrip.com.
Business & Financial Highlights | Q1 FY25
Q1 FY25($ Million) |
Q1 FY24($ Million) |
YoY Change(Constant Currency) |
|
Gross Bookings |
2,380.4 |
1,987.5 |
21.6% |
Revenue as per IFRS |
254.5 |
196.7 |
31.4% |
Adjusted Margin |
|||
Air Ticketing |
89.1 |
74.5 |
21.2% |
Hotels and Packages |
107.3 |
85.6 |
27.3% |
Bus Ticketing |
32.4 |
27.3 |
20.7% |
Others |
14.9 |
10.9 |
38.6% |
Results from Operating Activities |
27.9 |
19.1 |
|
Adjusted Operating Profit (Loss) (alsoreferred to as Adjusted EBIT) |
39.1 |
30.1 |
|
Profit / (Loss) for the period |
21.0 |
18.6 |
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Revenue as per IFRS grew by 31.4% YoY in constant currency to $254.5 million in Q1 FY25 from $196.7 million in Q1 FY24.
-
Adjusted Operating Profit registered growth of 29.9% YoY and reached $39.1 million in Q1 FY25 compared to $30.1 million in Q1 FY24.
-
Profit for Q1 FY25 was $21 million, including income tax expenses of $8.5 million due to a reversal of the deferred tax assets.
