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Travel services provider, MakeMyTrip Limited, has reported impressive financial results for the fiscal third quarter ended December 31, 2024, reflecting the sustained recovery and growing momentum in the travel and tourism industry. The company’s unaudited quarterly report highlights significant growth across all segments, underpinned by a renewed appetite for travel among Indian consumers.
Revenue under International Financial Reporting Standards (IFRS) climbed 26.2 per cent year-on-year(YoY) in constant currency to $267.4 million in Q3 FY25, compared to $214.2 million in Q3 FY24. Gross bookings surged by 26.8 per cent to reach $2,612.4 million, further emphasizing the robust recovery in travel demand. The company also posted a remarkable 37.6 per cent increase in adjusted operating profit, which rose to $46.0 million from $33.4 million in the same quarter last year, while net profit…
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