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An update from Makemytrip ( (MMYT) ) is now available.
On May 14, 2025, MakeMyTrip Limited announced its unaudited financial results for the fourth quarter and full fiscal year ending March 31, 2025. The company reported a significant increase in revenue across various segments, including air ticketing, hotels and packages, and bus ticketing, with year-over-year growth rates of 21% and 25% for the quarter and full year, respectively. Despite these gains, the company’s profit for the period saw a substantial decline of 83% for the quarter and 56% for the year, primarily due to the absence of one-time tax credits and gains that were present in the previous fiscal year. This financial performance highlights the company’s robust growth in the travel sector, although it faces challenges in maintaining profitability.
The most recent analyst rating on (MMYT) stock is a Buy with a $88.00 price target. To see the full list of analyst forecasts on Makemytrip stock, see the MMYT Stock Forecast page.
Spark’s Take on MMYT Stock
According to Spark, TipRanks’ AI Analyst, MMYT is a Outperform.
Makemytrip demonstrates strong financial performance with robust revenue growth and a solid balance sheet, which significantly contributes to its overall score. Technical analysis and market momentum are generally favorable, though caution is advised due to potential overbought conditions. The valuation indicates a high P/E ratio, suggesting premium pricing relative to peers. Positive sentiment from the earnings call, highlighting strategic growth, further supports the stock’s potential, despite challenges in domestic air supply and competition.
To see Spark’s full report on MMYT stock, click here.
More about Makemytrip
MakeMyTrip Limited is a leading travel service provider based in India, offering a range of travel-related services including air ticketing, hotel bookings, and bus ticketing. The company primarily focuses on the Indian travel market, providing comprehensive travel solutions to its customers.
Average Trading Volume: 890,349
Technical Sentiment Signal: Strong Buy
Current Market Cap: $11.39B
Learn more about MMYT stock on TipRanks’ Stock Analysis page.