MakeMyTrip rebounds in Q2 FY27 with $1.8M profit

Digital travel booking platform MakeMyTrip swung back into profit for the three months ending September, 2026 boosted by increased booking across all categories.

The company reported a net profit of $1.8 million for the second quarter of FY27 as compared to loss of $5.7 million in the similar period a year ago. The revenue for the second quarter touched $235.2 million which was a 11.2% increase when compared to the similar period of last fiscal.

On the performance of the company, MakeMyTrip Group Chief Executive Officer Rajesh Magow said, “We delivered strong growth despite a challenging travel environment, with Gross Bookings increasing 20.9% year on year in constant currency to $2.7 billion. Growth in hotels and ground transport underscored the resilience of our diversified portfolio and our ability to serve evolving customer needs.”

A statement from MakeMyTrip noted that the annual growth in adjusted margin in the air ticketing business was 14.3%, hotels and packages (20.2%), bus ticketing (29%)n and Others growing 29.8%.

The company noted that its agentic platform Myra engaged in over 90,000 daily conversations across multiple Indian languages and English, of which more than 55% originated from Tier II and Tier III cities in the second quarter of FY27.

It further added that Myra resolved over 53% of post-booking queries in relation to flights and hotels and emphasised that this platform has capabilities spanning end-to-end trip planning, voice interactions and in-chat payments and assisted on an average of more than 3,000 completed bookings per.day.

MakeMyTrip highlighted that its customers engaging with Myra completed approximately 1.7 times more bookings compared with non-Myra users. In addition, customers from Tier II and Tier III cities in India engaging with Myra completed approximately 2.1 times more bookings compared with non-Myra users for the second quarter.

“We are using AI to simplify travel planning and booking, supported by our extensive supply network, integrated distribution platform and trusted service. We continue to invest with discipline to capture India’s long-term travel opportunity and deliver sustainable, profitable growth,” Magow said.