MakeMyTrip Back in Profit With $1.8 Million in Q2 FY27 as Bookings Hit $2.72 Billion

Online travel major MakeMyTrip has swung back to profit, reporting a net profit of $1.8 million in the second quarter of FY27, against a loss of $5.7 million in the same quarter last year. Revenue rose 2.5% to $235.2 million in results reported on 26 October 2026.

The reported dollar growth understates the underlying momentum. In constant currency, revenue grew 11.2%, as a roughly 10% year-on-year depreciation of the rupee weighed on reported figures. Gross bookings rose 11.3% to $2.72 billion, or 20.9% in constant currency, while adjusted net profit before tax improved to $46.2 million from $36.4 million.

Domestic travel did the heavy lifting

Bus ticketing stood out: revenue from the segment grew 16.6% to $39.1 million, helped by a 24.7% rise in the number of bus tickets sold. Hotels and packages remained the largest contributor at $107.1 million. International long-haul travel stayed subdued, as elevated fuel prices pushed up airfares and the weaker rupee raised the cost of overseas trips, but domestic demand more than offset the pressure.

The company also pointed to its AI chatbot Myra, which it says now handles over 90,000 chats a day and resolves more than half of post-booking questions on its own, helping users complete more bookings. For a listed Indian travel business, returning to profit while absorbing currency and fuel headwinds is a meaningful operating signal.