{
  "id": 16586702,
  "title": "MakeMyTrip Swings To $1.8 Mn Profit In Q2 FY27, Revenue Up 2.5% YoY",
  "url": "https://urgent.news/2026/10/26/makemytrip-swings-to-1-8-mn-profit-in-q2-fy27-revenue-up-2-5-yoy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T10:37:37.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/makemytrip-swings-to-1-8-mn-profit-in-q2-fy27-revenue-up-2-5-yoy/"
  },
  "original_language": "en",
  "account": "Online travel company MakeMyTrip reported a consolidated net profit of $1.8 million for the September quarter of FY27, marking a significant improvement from a loss of $5.7 million the previous year. The company's revenue increased by 2.5% to $235.2 million compared to $229.3 million in Q2 FY26. However, when adjusted for exchange rate fluctuations, revenue grew by 11.2% on a constant currency basis.\n\nMakeMyTrip's financials are reported in US dollars, but the company's major subsidiaries operate in Indian rupees. The Indian rupee's depreciation of around 10% against the dollar during the quarter negatively impacted the company's reported revenue and growth rates. International long-haul outbound travel from India faced challenges, with high fuel prices driving up airfares and a weaker rupee raising the overall cost of overseas trips.\n\nDespite these headwinds, strong domestic travel demand helped offset some of the negative effects. Gross bookings increased by 11.3% to $2.72 billion, with a growth of 20.9% on a constant currency basis. Hotels and packages remained the top revenue contributors, generating $107.1 million in Q2 FY27, a slight decline from $108.2 million in the same period last year. The bus ticketing segment saw a 16.6% increase, reaching $39.1 million from $33.5 million. A 24.7% rise in the number of bus tickets contributed to a 20% growth in gross bookings for this segment, totaling $435.3 million.",
  "summary": "Nasdaq-listed online travel major MakeMyTrip swung to a consolidated net profit of $1.8 Mn in the September quarter of FY27…",
  "key_points": [
    "MakeMyTrip reported $1.8 million profit in Q2 FY27, reversing $5.7 million loss from previous year",
    "Revenue grew 2.5% to $235.2 million YoY, up 11.2% constant currency",
    "Strong domestic demand offset foreign travel challenges despite rupee depreciation"
  ],
  "editors_take": "Resilient domestic travel demand and strong bus ticketing growth are shielding the company from currency depreciation and rising international travel costs to drive a return to profitability.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}