nihalshaikh9881Online travel aggregator (OTA) MakeMyTrip recorded its highest-ever quarterly gross bookings, revenue and profit in the December quarter of FY24, driven by robust demand during the seasonally strong quarter.
The company reported profit of $24.2 million in Q3 FY24, up from $0.2 million year-on-year (YoY). Adjusted operating profit registered growth of 69.5 percent YoY and reached $33.4 million in Q3 FY24 compared to $19.7 million in Q3 FY23.
Revenue grew by 26.9 percent YoY to $214.2 million in Q3 FY24 from $170.5 million in Q3 FY23. The OTA registered 21.7 percent increase in gross bookings YoY to $2,088.3 million in Q3 FY24 from $1,738.2 million.
