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via economictimes.indiatimes.comBusiness & Companies

MakeMyTrip reports $1.8M Q2 net profit, revenue at $235.2M

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

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.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results swinging back to profit, relevant for the online travel group's shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Net profit for Q2 was $1.8 million, versus a $5.7 million loss a year earlier.
  2. 02Revenue rose 11.2% to $235.2 million.
  3. 03Gross bookings grew 20.9%, supported by hotels and transport.
  4. 04The AI-powered travel assistant Myra contributed to growth.

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