India, Aug. 3 -- Monday, MakeMyTrip Limited (MMYT) announced financial results for the first quarter of fiscal year 2027.
For the quarter ended June 30, 2026, the company reported a 64.7 per cent decline in profit to $9.1 million from last year's $25.8 million, primarily due to higher finance costs, which rose to $35.01 million from $10.8 million in the year-ago quarter.
The company also noted that the depreciation of INR against USD during the period had a significant impact on its results. Also, international outbound travel from India was significantly affected by the ongoing conflict in West Asia.
On a per-share basis, profit for the period totaled $0.09 compared to $0.22 in 2025.
Adjusted net profit after tax increased to $52.2 mil...