I reiterate my buy rating for MakeMyTrip Ltd. due to its strong market leadership, scale, and product innovation driving growth and profitability. MMYT's 3Q25 results showed a 25% y/y revenue increase and a 38% y/y rise in adj EBIT, reinforcing its favorable growth outlook. MMYT's strategic investments in tier 2 and 3 cities and product innovations like GenAI and part-payment options enhance its competitive position and customer retention.
MakeMyTrip Limited (NASDAQ:MMYT ) Q3 2025 Earnings Call January 23, 2024 7:30 AM ET Company Participants Vipul Garg - VP, IR Rajesh Magow - Co-Founder & Group CEO Mohit Kabra - Group CFO Conference Call Participants Sachin Salgaonkar - Bank of America Manish Adukia - Goldman Sachs Vijit Jain - Citigroup Ankur Rudra - J.P. Morgan Gaurav Rateria - Morgan Stanley Vipul Garg Good evening everyone.
MakeMyTrip (MMYT) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.35 per share a year ago.
In the latest trading session, MakeMyTrip (MMYT) closed at $105.29, marking a +0.18% move from the previous day.
MakeMyTrip (MMYT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, MakeMyTrip (MMYT) closed at $112.30, indicating a -0.53% shift from the previous trading day.
MakeMyTrip (MMYT) reachead $117.16 at the closing of the latest trading day, reflecting a +0.8% change compared to its last close.
MakeMyTrip (MMYT) closed the most recent trading day at $114.53, moving -1.45% from the previous trading session.
In the most recent trading session, MakeMyTrip (MMYT) closed at $116.21, indicating a +1.79% shift from the previous trading day.
MMYT's enhanced offerings on the back of an innovative AI portfolio and elite clientele make the stock worth holding for investors, despite a stretched valuation.
MakeMyTrip (MMYT) closed the most recent trading day at $113, moving +1.06% from the previous trading session.
Indian online travel company MakeMyTrip Ltd. (MMYT) is growing at a torrid pace.