MakeMyTrip Q1: Profit Slides 65% YoY To $9.1 Mn

As its India IPO plans take shape, travel tech major MakeMyTrip’s (MMT) consolidated net profit for the three months ended June 30, 2026 (Q1 FY27) plunged 65% to $9.1 Mn from $25.8 Mn in the year-ago period. The Nasdaq-listed company’s revenue grew 6% YoY to $285.6 Mn. On a QoQ basis, the top line increased 6% from $268.9 Mn.