MakeMyTrip reports Q1 adjusted EPS 30c, consensus 9c

Reports Q1 revenue $196.7M, consensus $160.24M. Rajesh Magow, Group Chief Executive Officer, MakeMyTrip, commenting on the results, said, “We have started the new financial year on a positive note, delivering our strongest ever quarter with all-time high gross bookings and profits. Travel demand across customer segments stayed robust in a seasonally strong quarter for leisure travel. The depth of travel-related offerings and quality customer experience that we deliver, powered by robust technology and product innovations, along with our strong brand are helping us cater to the evolving consumer preferences and stay ahead of the market.”