MMYT

Gross bookings grew 20.9% in constant currency to $2.7 billion. Non-air business mix expanded to 63.2% of total bookings.

MakeMyTrip Limited (MMYT) Q2 2027 Earnings Call Transcript

MakeMyTrip NASDAQ: MMYT reported 20.9% year-over-year growth in second-quarter fiscal 2027 gross bookings on a constant-currency basis, reaching $2.7 billion, as growth in hotels, ground transportation and ancillary services helped offset pressure on air travel.

GURUGRAM, India and NEW YORK--(BUSINESS WIRE)---- $MMYT #FinancialResults--MakeMyTrip Limited plans to report its fiscal 2027 second quarter financial and operating results before markets open on Monday, October 26, 2026.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

MakeMyTrip Limited remains a Buy, considering the planned capital markets event and its diversified business profile. The proposed IPO of MMYT's Indian subsidiary could unlock value, fund convertible redemptions, and narrow the valuation gap with local peers. MMYT's diversified business model, especially in hotels and buses, offsets air ticketing headwinds and supports upward-trending take rates.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

GoDaddy, Vipshop, MakeMyTrip and QuinStreet have been highlighted in this Industry Outlook article.

The Zacks Internet - Delivery Services industry participants like GDDY, VIPS, MMYT and QNST are likely to benefit from increasing smartphone and Internet penetration.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?