MakeMyTrip Q3: Profit Falls 73% YoY To $7.3 Mn On Higher Finance Costs
MakeMyTripMakeMyTrip(US:MMYT) Inc42 Media·2026-01-21 19:53

MakeMyTrip’s net finance cost in the quarter surged to 27.7Mnfrom27.7 Mn from 4.8 Mn primarily due to an increase of 24.2Mnininterestexpenseonfinancialliabilitiesmeasuredatamortisedcostrelatedtoconvertibleseniornotesdue2030Onasequentialbasis,thecompanyrecoveredafterpostingalossof24.2 Mn in interest expense on financial liabilities measured at amortised cost related to convertible senior notes due 2030On a sequential basis, the company recovered after posting a loss of 5.7 MnNasdaq-listed online travel aggregator (OTA) MakeMyTrip (MMT) reported a 73% decline in its net profit to 7.3MnforthequarterendedDecember31,2025(Q3FY26)from7.3 Mn for the quarter ended December 31, 2025 (Q3 FY26) from 27.1 Mn in the year-ago period, ...

MakeMyTrip Q3: Profit Falls 73% YoY To $7.3 Mn On Higher Finance Costs - Reportify