Nasdaq listed MakeMyTrip said on Tuesday it achieved gross bookings of $ 10.4 billion for financial year 2026, up by 10.4% year on year in constant currency terms. The company said gross bookings for financial year 2026 were at an 'all time high' in a year when travel sentiment was adversely impacted by multiple external events. The company reported gross bookings of $ 2.5 billion for quarter four of fiscal year 2026, up 4.8% in constant currency terms. MakeMyTrip's revenue as per IFRS for quarter four was $ 250 million, up 6.7% in constant currency terms. The company reported revenues of $ 1 billion for financial year 2026, up 10.7% in constant currency terms. The company reported an adjusted operating profit of $ 46.5 million for quarter four and $ 189 million for fiscal year 2026.
MakeMyTrip said while its revenue for the full year grew by 10.7% year on year in constant currency, the company saw stronger growth in adjusted margin across segments with air ticketing growing 13.4%, hotels and packages growing 15.7%, bus ticketing growing 29.3% and others growing 37.1% year on year in constant currency terms.
The company said results from operating activities for financial year 2026 were at $156 million, registering a 30% growth year on year.
Rajesh Magow, group chief executive officer of MakeMyTrip said the company surpassed its annual gross bookings milestone of $10 billion and strengthened its position as the 'travel platform of choice.'
"Despite a challenging market environment, it is encouraging to see double-digit, year-on-year growth in adjusted margins in constant currency across all our major verticals," he said.
"This performance was led by bus ticketing at 29%+, followed by hotels and packages at 15%+, and air ticketing with 13%+. With the breadth of travel and ancillary services provided on our platform, the ‘Others’ category is making a tangible impact with an impressive 37% year on year growth," he added.
Magow said the focus on enhancing AI capabilities is beginning to show results and shape how consumers experience the platform.
"Myra is unlocking first-time users from tier-two cities and beyond and resolving over 55% post booking queries across flights and hotels in quarter four of financial year 2026," he added. The company's AI-powered travel assistant Myra engaged in over 54,000 daily conversations in quarter four of financial year 2026, with over 45% of usage now coming from tier-two and smaller cities. MakeMyTrip said Myra autonomously resolved approximately 55% of queries across flights and hotels in quarter four of financial year 2026.
MakeMyTrip said while its revenue for the full year grew by 10.7% year on year in constant currency, the company saw stronger growth in adjusted margin across segments with air ticketing growing 13.4%, hotels and packages growing 15.7%, bus ticketing growing 29.3% and others growing 37.1% year on year in constant currency terms.
The company said results from operating activities for financial year 2026 were at $156 million, registering a 30% growth year on year.
Rajesh Magow, group chief executive officer of MakeMyTrip said the company surpassed its annual gross bookings milestone of $10 billion and strengthened its position as the 'travel platform of choice.'
"Despite a challenging market environment, it is encouraging to see double-digit, year-on-year growth in adjusted margins in constant currency across all our major verticals," he said.
"This performance was led by bus ticketing at 29%+, followed by hotels and packages at 15%+, and air ticketing with 13%+. With the breadth of travel and ancillary services provided on our platform, the ‘Others’ category is making a tangible impact with an impressive 37% year on year growth," he added.
Magow said the focus on enhancing AI capabilities is beginning to show results and shape how consumers experience the platform.
"Myra is unlocking first-time users from tier-two cities and beyond and resolving over 55% post booking queries across flights and hotels in quarter four of financial year 2026," he added. The company's AI-powered travel assistant Myra engaged in over 54,000 daily conversations in quarter four of financial year 2026, with over 45% of usage now coming from tier-two and smaller cities. MakeMyTrip said Myra autonomously resolved approximately 55% of queries across flights and hotels in quarter four of financial year 2026.
