MakeMyTrip reported robust Q2 FY2025 results, with revenue surging 25.1% YoY to $211.0M and profit soaring 797% to $17.9M. Strong travel demand in India drove growth across all segments.Gross bookings rose 22.7% to $2.26B, with air ticketing up 18.8% and hotels and packages up 19.6%. Adjusted operating profit increased 32.9% to $37.5M, while adjusted net profit grew 46.3% to $40.7M.The company maintained a strong liquidity position with $717.2M in cash and term deposits as of September 30, 2024. Management expressed optimism about India's long-term travel market outlook and plans to accelerate efforts to expand supply partnerships and deepen customer engagement.

MakeMyTrip reported robust Q2 FY2025 results, with revenue surging 25.1% YoY to $211.0M and profit soaring 797% to $17.9M. Strong travel demand in India drove growth across all segments.Gross bookings rose 22.7% to $2.26B, with air ticketing up 18.8% and hotels and packages up 19.6%. Adjusted operating profit increased 32.9% to $37.5M, while adjusted net profit grew 46.3% to $40.7M.The company maintained a strong liquidity position with $717.2M in cash and term deposits as of September 30, 2024. Management expressed optimism about India's long-term travel market outlook and plans to accelerate efforts to expand supply partnerships and deepen customer engagement.