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MakeMyTrip Logs $2.6 Billion in Bookings—India’s Travel Giant Is Just Warming Up

Updated: July 22, 2025 16:31

Image Source : BuzzzTed
MakeMyTrip Ltd has kicked off FY2026 with a strong performance, reporting a 12.4% year-on-year rise in gross bookings for Q1, totaling $2,608.5 million. The uptick reflects sustained travel demand and strategic platform enhancements.
 
Key Highlights:
  • - Growth was led by increased domestic and outbound travel, especially in leisure and premium segments.
  • - The company’s multi-brand strategy, including Goibibo and Redbus, helped expand its customer base and reduce acquisition costs.
  • - AI-driven personalization and dynamic pricing tools contributed to higher conversion rates and improved margins.
Strategic Expansion:
  • - Gulf market penetration continues to grow, with localized offerings and loyalty programs gaining traction.
  • - Ancillary services such as car rentals and corporate travel are emerging as high-margin contributors.
Outlook:
MakeMyTrip remains optimistic about sustaining momentum, citing macroeconomic tailwinds, rising disposable incomes, and digital adoption in Tier 2 and Tier 3 cities.
 
Sources: Business Standard, The Hindu BusinessLine, Panabee, AInvest, MakeMyTrip IR.

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