MakeMyTrip achieves record revenue & profit in Q3 FY25 as Indian travel demand soars, ET TravelWorld

MakeMyTrip, India’s leading travel service provider, reported record quarterly revenue and operating profit for Q3 FY25, ending December 31, 2024, driven by a surge in Indian travel demand. The company’s strong financial performance reflects the growth of both domestic and international travel within the Indian market, leading to increased bookings and profits across all segments. MakeMyTrip attributes its success to its customer-centric approach, strategic investments, and the overall resilience of the travel sector.MakeMyTrip’s revenue for Q3 FY25 reached USD267.4 million, a 26.2 per cent year-over-year increase from USD214.2 million in Q3 FY24. Gross bookings also saw a significant jump, rising by 26.8 per cent to USD2.61 billion compared to USD2.09 billion in the same period last year. The company’s adjusted operating profit (EBIT) reached USD46.0 million, a 37.6 per cent increase from USD33.4 million in Q3 FY24. Profit for the period…