MakeMyTrip swings to $1.8 million profit in Q2 FY27 despite headwinds

business-standard.com · 2026-10-26

MakeMyTrip's gross bookings rose 20.9% in constant currency terms to $2.7 billion, while high airfares and capacity constraints continued to weigh on its air ticketing business.

TickrTrends take: MakeMyTrip returned to profitability in the second quarter of its fiscal 2027, generating earnings of 1 million dollars despite operating challenges in its travel and tourism sector. Given TickrTrends' current undervalued assessment, investors focused on valuation metrics should monitor whether this swing to profitability can sustain and translate into improved cash generation, as consumer cyclical companies often face sensitivity to economic conditions. The company's ability to maintain margins while navigating headwinds will be crucial for validating whether current valuations represent genuine opportunity or reflect execution risks ahead.

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