MakeMyTrip: Fiscal Q2 Earnings Snapshot – WTOP News
The company reported $2.7 billion in gross bookings as non-air businesses reached 63.2% of the mix and adjusted operating profit rose to $46.2 million.
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MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 million
MakeMyTrip reported a $1.8 million Q2 net profit, reversing a year-earlier loss of $5.7 million. Revenue rose 11.2% to $235.2 million, while gross bookings grew 20.9%, supported by hotels, transport and AI-powered travel assistant Myra.
MakeMyTrip (NASDAQ:MMYT) Issues Quarterly Earnings Results, Beats Expectations By $0.43 EPS
MakeMyTrip (NASDAQ:MMYT - Get Free Report) posted its quarterly earnings results on Monday. The technology company reported $0.47 earnings per share for the quarter, beating analysts' consensus estimates of $0.04 by $0.43. The firm had revenue of $235.16 million during the quarter, compared to the consensus estimate of $269.09 million. MakeMyTrip had a negative return on equity of 632.52% and a net margin of 3.23%.
MakeMyTrip: Fiscal Q2 Earnings Snapshot – WTOP News
GURGAON, India (AP) — GURGAON, India (AP) — MakeMyTrip Ltd. (MMYT) on Monday reported profit of $1.8 million in its fiscal second quarter. The Gurgaon, India-based company said it had net income of 2 cents per share. Earnings, adjusted for non-recurring costs and pretax expenses, came to 47 cents per share. The online travel company...
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