Makemytrip · Q4 2027 earnings

Briefing

MakeMyTrip Q4 FY26: $250M revenue, record $10.4B gross bookings

MakeMyTrip reported fiscal Q4 and full-year FY26 results for the quarter ended March 31, 2026, delivering record gross bookings of $10.4 billion for the year despite a tough travel macro environment. Q4 IFRS revenue rose 6.7% YoY in constant currency to $250.1 million, while full-year revenue reached $1.04 billion, up 10.7% YoY in constant currency. Adjusted operating profit for Q4 was $46.5 million and full-year results from operating activities totaled $156.0 million, up 30.1% YoY. Growth was broad-based across verticals, with bus ticketing adjusted margin up 29.3% and hotels/packages up 15.7% for the year. The company highlighted AI assistant Myra, which handled 54,000+ daily conversations in Q4 and autonomously resolved about 55% of post-booking flight and hotel queries.

• Q4 FY26 IFRS revenue was $250.1 million (+6.7% YoY constant currency); full-year revenue reached $1.04 billion (+10.7% YoY constant currency).
• Record FY26 gross bookings of $10.4 billion (+10.4% YoY constant currency) despite adverse travel sentiment from external events.
• Q4 adjusted operating profit was $46.5 million; full-year results from operating activities rose 30.1% YoY to $156.0 million.
• Adjusted margin growth was strongest in bus ticketing (+29.3% YoY), hotels/packages (+15.7%), air ticketing (+13.4%), and others (+37.1%) in constant currency.
• AI travel assistant Myra drove 54,000+ daily conversations in Q4 with 45%+ usage from Tier-2 cities and ~55% autonomous post-booking query resolution.

Headline financials

Revenue & EPS history