MakeMyTrip Ltd income statement MMYT

Annual Quarterly

In fiscal 2025, which ended Mar 31, 2025, MakeMyTrip Ltd reported revenue of $978.3 million, up 25.0% from the year before. Net income was $95.3 million, a profit margin of 9.7%. Operating income came to $119.9 million, an operating margin of 12.3%. Diluted earnings per share were $0.83. Across the 8 fiscal years shown, revenue grew from $675.3 million in fiscal 2018 to $978.3 million in fiscal 2025, about 5.4% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019	FY 2018 Mar 31, 2018
Revenue	978 +25.0%	783 +32.0%	593 +95.1%	304 +86.0%	163 -68.0%	512 +5.3%	486 -28.0%	675
Cost of revenue	274 +27.6%	215 +21.1%	178 +202.2%	59 +164.4%	22 -85.1%	149 -12.7%	171 -2.8%	176
Gross profit	704 +24.1%	567 +36.6%	415 +69.5%	245 +73.6%	141 -61.0%	362 +15.0%	315 -36.9%	499
Operating income	120 +83.8%	65 +176.3%	24 +177.7%	-30 +55.1%	-68 +84.2%	-429 -180.8%	-153 +30.3%	-219
Pretax income	116 +24.7%	93 +865.3%	-12 +74.0%	-47 +22.9%	-61 +86.5%	-448 -165.4%	-169 +23.4%	-220
Equity in earnings of affiliates	-0 -223.1%	0	—	—	—	—	—	—
Income tax	21 +116.7%	-124 -12584.9%	-1 +11.8%	-1 +75.4%	-5 -15441.4%	-0 +96.1%	-1 -913.2%	0
Net income	95 -56.0%	217 +2040.8%	-11 +75.5%	-46 +18.7%	-56 +87.5%	-448 -166.6%	-168 +23.8%	-220
Basic EPS	0.84 -56.9%	1.95 +2050.0%	-0.10 +76.2%	-0.42 +19.2%	-0.52 +87.8%	-4.26 -164.6%	-1.61 +26.1%	-2.18
Diluted EPS	0.83 -52.3%	1.74 +1840.0%	-0.10 +76.2%	-0.42 +19.2%	-0.52 +87.8%	-4.26 -164.6%	-1.61 +26.1%	-2.18
Weighted average shares, basic	113 +1.3%	111 +1.3%	110 +1.1%	108 +1.6%	107 +1.5%	105 +1.2%	104 +3.6%	100
Weighted average shares, diluted	115 -3.1%	118 +7.8%	110 +1.1%	108 +1.6%	107 +1.5%	105 +1.2%	104 +3.6%	100
Other measures
Depreciation and amortization	—	—	—	—	33	—	—	—
EBITDA	—	—	—	—	-35	—	—	—
Interest coverage	3.72x	—	0.51x	-1.15x	-14.11x	-20.03x	-13.50x	-56.25x
Margins
Gross margin	71.96%	72.51%	70.06%	80.67%	86.41%	70.82%	64.83%	73.95%
Operating margin	12.25%	8.33%	3.98%	-9.99%	-41.41%	-83.95%	-31.47%	-32.50%
Pretax margin	11.85%	11.88%	-2.05%	-15.36%	-37.05%	-87.49%	-34.70%	-32.60%
Profit margin	9.74%	27.70%	-1.88%	-14.99%	-34.29%	-87.49%	-34.54%	-32.62%
EBITDA margin	—	—	—	—	-21.21%	—	—	—
Effective tax rate	17.79%	-133.21%	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Transportation Services (SIC 4700)
Listed as: MMYT (Nasdaq)
Fiscal year ends: March 31
Incorporated in: Mauritius
Headquarters: Gurgaon, India
SEC filer status: Large accelerated filer
SEC CIK: 1495153

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.