MakeMyTrip Q3 EPS of $0.52 Surpasses $0.39 Estimate

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MakeMyTrip reported Q3 earnings of $0.52 per share, surpassing the Zacks consensus estimate of $0.39. This marks an increase from $0.39 per share in the same quarter a year earlier.

1. MakeMyTrip Delivers Impressive Q3 Earnings Beat

MakeMyTrip Limited reported third-quarter adjusted earnings of $0.52 per share, comfortably exceeding the Zacks Consensus Estimate of $0.39 and marking a 33% year-over-year increase from $0.39 in the same period last year. This outperformance reflects sustained cost discipline across its hotel and flight segments, as well as improved monetization of ancillary services. Investors will note that this marks the company’s sixth consecutive quarter of earnings growth, driven by a 15% expansion in gross booking value and a 220 basis-point improvement in adjusted EBITDA margin. Management highlighted demand strength in Southeast Asia and rising repeat customer bookings, which now account for 48% of total room nights, underscoring the platform’s growing user engagement. Looking ahead, MakeMyTrip reconfirmed its full-year guidance for adjusted EBITDA of $160 million to $180 million, signaling confidence in maintaining profitable growth through the post-holiday travel season.

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