• Reported GAAP EPS of $0.07 down -70.83% YoY • Reported revenue of $295.69M up 10.59% YoY
Bullish
MakeMyTrip achieved robust constant currency revenue growth and increased Gross Bookings, driven by strong performance in Bus Ticketing and Other segments, alongside improved Adjusted Net Profit.
Bearish
MakeMyTrip's profit for the period declined significantly, with air ticketing revenue muted by supply constraints and rupee depreciation, while net finance costs substantially increased due to convertible notes.