MMT Q1 Results: Co swings to black, posts $ 18.6 million profit; gross bookings at $1987.5 million
Online travel company MakeMyTrip earned a profit of $18.6m for the first quarter of FY2024, in comparison to a $10m loss in the same period of the previous year. The firm’s gross bookings also rose by 31.4% YoY to $1.9bn. CEO Rajesh Magow said the company’s “strong brand” contributed to its quarter-on-quarter success.
