India-based online travel agency MakeMyTrip has reported a 30% increase in gross bookings to $2.6 billion for the fourth fiscal quarter of 2025 and a full-year 2025 figure of $9.8 billion.
The company said air ticketing revenue increased almost 12% to $61.6 million for the quarter ended March 31, 2025, with full-year revenue up 20% to $242 million.
Hotels and packages quarterly revenue increased nearly 17% to $123 million year-over-year and was up 20% to $520 million for FY25.
Bus ticketing revenue increased 41% to $34 million for the quarter and recorded a 29% increase to $119 million for full-year 2025.
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Rajesh Magow, group CEO of MakeMyTrip, said the company had “delivered record gross bookings and revenue this fiscal year."
“Our investments in new demand segments and personalized customer experiences across our platform have helped us to grow our customer base as well as drive high repeat bookings,” Magow said.
MakeMyTrip’s adjusted operating profit increased to almost $45 million in Q4 compared with $32 million year-over-year. For full-year 2025, adjusted operating profit increased to $167 million, up from $124 million in FY24.
“Our strong customer-centric focus—especially in offering an ever-expanding range of personalized travel services—is enabling us to consistently deliver strong financial performance. At the same time, we remain committed to driving operational efficiency and leveraging our fixed cost base. This has helped us to expand margins while we continue to strategically reinvest in key growth areas across our platform,” said Mohit Kabra, group chief financial officer of MakeMyTrip.
Marketing and sales promotion expenses increased 33% to $42 million for the quarter and saw a 34% increase to $165 million for the full year.