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MakeMyTrip CEO Highlights Surge in Travel Demand as Q4 Earnings Exceed Expectations
Indian online travel company MakeMyTrip Limited (NASDAQ:MMYT) reported fiscal fourth-quarter 2024 adjusted revenue of $212.53 million, up from $166.11 million a year ago, beating the analyst consensus estimate of $197.42 million.
Adjusted EPS of $0.38 beat the analyst consensus estimate of $0.20.
Revenues benefited from sustained elevated travel demand in India for domestic and international outbound travel.
In constant currencies, revenue from the air ticketing business ...