New Delhi, Jan 23 (UNI) Online travel aggregator MakeMyTrip on Thursday announced a 12 percent jump year-on-year basis in net profit at USD 27.1 million during the third quarter (October-December) of current financial year 2024-25 versus USD 24.2 Million in the same quarter of previous financial year.
Revenues from operations as per IFRS grew by 26.2 percent year-on-year in constant currency to USD 267.4 million in Q3 FY25 from USD 214.2 million in Q3 FY24, the company said in a release.
Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip, said, “The Indian travel and tourism sector is witnessing a robust growth, reflecting a strong desire among travelers to explore new horizons. While Indian destinations continue to shine, many countries have made significant efforts to attract Indian travelers. Our strong performance this quarter reflects these macro trends, along with our focused execution and commitment to customer centricity.”
Mohit Kabra, Group Chief Financial Officer, MakeMyTrip, said, “Our robust financial performance this quarter across all lines of business underscores our strong execution of strategic priorities and the resilience of the travel sector. Our disciplined approach to cost management, combined with targeted investments in technology and customer experience, has enabled us to capitalize on growing travel demand and drive profitable growth.”