MakeMyTrip logs highest-ever quarterly gross bookings at $2.08 billion

Global travel service provider MakeMyTrip (MMT) on Tuesday reported a growth of 21.7 per cent on gross bookings year-on-year (Y-o-Y) that reached $2.08 billion — its highest-ever — for the company’s fiscal third quarter that ended on December 31.

The company earned an adjusted operating profit of $33.4 million in Q3 FY24, as compared to $19.7 million in Q3 FY23, over revenue of $214.2 million (versus $170.5 million in Q3 FY23).

The company’s EBITDA grew by 105.6 per cent YoY to $29.4 million in Q3 FY24 compared to $14.3 million in Q3 FY23.