MakeMyTrip’s Q2 FY25 revenue up by 26.5% YoY
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MakeMyTrip Limited announces its unaudited financial and operating results for its fiscal second quarter ended September 30, 2024.
Business & Financial Highlights | Q2 FY25
- Revenue as per IFRS grew by 26.5% YoY in constant currency to $211.0 million in Q2 FY25 from $168.7 million in Q2 FY24.
- Adjusted Operating Profit registered growth of 32.9% YoY and reached $37.5 million in Q2 FY25 compared to $28.2 million in Q2 FY24.
- Profit for Q2 FY25 was $17.9 million, compared to $2.0 million in Q2 FY24.
Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip, said, “We are pleased to have achieved sustained growth in a seasonally slow quarter. Our unwavering focus on innovation, powered by advanced technology to deliver a differentiated customer experience, has been a key driver of this progress. We continue to be positive about the long-term outlook of India’s travel and tourism market and stay committed to further accelerating efforts to expand our supply partnerships and deepen engagement with our customers.”