MakeMyTrip Swings to $1.8 Million Profit in Q2 FY27
The Nasdaq-listed travel company reported gross bookings up 20.9% in constant currency for the quarter ended 30 September 2026.
Key Takeaways
- MakeMyTrip reported a $1.8 million profit for Q2 FY27, against a $5.7 million loss a year earlier.
- Gross bookings rose 20.9% year on year in constant currency to $2,724.7 million.
- Revenue was $235.2 million and adjusted operating profit was $46.2 million.
- Adjusted margin grew in air, hotels and packages, and bus ticketing in constant currency.
- Its AI assistant Myra handled more than 90,000 conversations a day.
MakeMyTrip reported a profit of $1.8 million for its second quarter of fiscal 2027, the quarter ended 30 September 2026, against a loss of $5.7 million in the same quarter a year earlier. The Nasdaq-listed online travel company announced the results on 26 October 2026.
Gross bookings rose 20.9% year on year in constant currency to $2,724.7 million. Revenue was $235.2 million, up from $229.3 million, and adjusted operating profit was $46.2 million, up from $44.2 million. All figures are in US dollars.
MakeMyTrip Q2 FY27 at a glance
| Detail | Value |
|---|---|
| Quarter | Second quarter of fiscal 2027, ended 30 September 2026 |
| Profit for the period | $1.8 million (loss of $5.7 million in Q2 FY26) |
| Gross bookings | $2,724.7 million (up 20.9% year on year in constant currency; about $2.4 billion in Q2 FY26) |
| Revenue | $235.2 million ($229.3 million in Q2 FY26; up 11.2% in constant currency) |
| Adjusted operating profit | $46.2 million ($44.2 million in Q2 FY26) |
| Listing | Nasdaq: MMYT |
How hotels, flights and buses contributed to the quarter
MakeMyTrip reports its business in segments: air ticketing, hotels and packages, bus ticketing and other services. Its adjusted margin grew in every segment in constant currency.
Hotels and packages brought in an adjusted margin of $116.8 million, up 20.2%. Air ticketing was $108.6 million, up 14.3%, and bus ticketing was $45.1 million, up 29.0%. The Indian rupee fell about 10% against the US dollar year on year.
| Segment | Adjusted margin, Q2 FY27 (Q2 FY26) |
|---|---|
| Air ticketing | $108.6 million ($102.8 million), up 14.3% in constant currency |
| Hotels and packages | $116.8 million ($105.8 million), up 20.2% in constant currency |
| Bus ticketing | $45.1 million ($37.7 million), up 29.0% in constant currency |
MakeMyTrip's AI assistant Myra in the quarter
MakeMyTrip said its AI assistant Myra handled more than 90,000 conversations a day during the quarter. Myra resolved over 53% of post-booking queries about flights and hotels, and helped complete more than 3,000 bookings a day on average.
The company said customers who used Myra completed about 1.7 times more bookings than customers who did not.
Where MakeMyTrip stands after Q2 FY27
MakeMyTrip ended the September quarter with a profit of $1.8 million, against a loss of $5.7 million a year earlier, on gross bookings of $2,724.7 million. Hotels and packages stayed its biggest segment by adjusted margin at $116.8 million, ahead of air ticketing at $108.6 million, while bus ticketing grew the fastest, up 29.0% in constant currency.
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