homeearnings NewsMakeMyTrip posts Q3 profit at $0.2 million

MakeMyTrip posts Q3 profit at $0.2 million

In the third quarter gross bookings grew by 64.4 percent in constant currency year-on-year to $1.74 billion, the highest-ever in the company's history, it added.

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By PTI Jan 31, 2023 9:24:54 PM IST (Published)

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MakeMyTrip posts Q3 profit at $0.2 million
Travel service provider MakeMyTrip Ltd on Tuesday reported a profit of $0.2 million in the third quarter ended December 2022.

The NASDAQ-listed firm had posted a loss of $9 million in the year-ago period, it said in a statement.
In the third quarter gross bookings grew by 64.4 percent in constant currency year-on-year to $1.74 billion, the highest-ever in the company's history, it added.
"Positive consumer sentiment and peak seasonality on the back of festivals and holidays led to improved travel demand during this quarter. As a result, we recorded our highest-ever quarterly gross bookings and adjusted operating profit," MakeMyTrip Group CEO Rajesh Magow said.

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