Buy Orignal Dumps from official Website EduDumps.com

MakeMyTrip crosses $10 billion annual gross bookings in FY26, bets big on AI-led travel experience

WhatsApp
Telegram
Facebook
Twitter
LinkedIn

Join Our WhatsApp Channel

MakeMyTrip reported record annual gross bookings of $10.4 billion for FY26, marking the first time the online travel platform has crossed the $10 billion milestone despite what it described as a challenging macro environment.

The Nasdaq-listed company said gross bookings grew 10.4% year-on-year in constant currency terms during FY26, while revenue rose 10.7% to $1.04 billion.

The company also reported stronger profitability across key business segments including air ticketing, hotels, bus ticketing and auxiliary services.
Results from operating activities for the full year stood at $156 million, up 30.1% year-on-year, while adjusted operating profit (EBIT) rose to $188.8 million from $167.3 million a year earlier.

Among segments, bus ticketing emerged as the fastest-growing vertical, with adjusted margins growing 29.3% year-on-year in constant currency terms.

Hotels and packages grew 15.7%, while air ticketing expanded 13.4%. The company’s “Others” category, which includes ancillary travel services, grew 37.1%, indicating increasing cross-sell and monetization opportunities on the platform.

For the March quarter, gross bookings stood at $2.55 billion, while quarterly revenue came in at $250.1 million.

A key focus area for the company during FY26 was artificial intelligence integration through its AI-powered travel assistant, Myra. According to the company, the assistant is now capable of taking users from travel discovery to completed booking through a single conversational interface, including voice-led interactions.

MakeMyTrip said Myra handled over 54,000 daily conversations during Q4 FY26, with more than 45% of usage coming from Tier-2 and smaller cities, signaling deeper digital travel adoption beyond metros.

Also read: MakeMyTrip upgrades AI chatbot Myra with end-to-end booking features

The company also said the AI ​​assistant autonomously resolved around 55% of post-booking customer queries across flights and hotels during the quarter, highlighting potential efficiency gains in customer servicing.

Commenting on the results, Group CEO Rajesh Magow said the company had “strengthened our position as the travel platform of choice” despite external disruptions impacting travel demand during the year. He added that the breadth of services on the platform was helping drive growth across categories, particularly in bus ticketing and ancillary offerings.

The company’s growing focus on AI comes amid intensifying competition in India’s online travel market, where platforms are increasingly using conversational interfaces, automation and personalization to improve user engagement and reduce servicing costs.

With nearly half of Myra’s engagement now originating from smaller cities, MakeMyTrip appears to be betting that AI-led interfaces could help unlock the next wave of travel users in India’s non-metro markets.

Source link

About Mor
Mor --- ITEXAMTEST is your trusted source for the latest in technology and IT certification. Our team of industry professionals and tech enthusiasts is dedicated to bringing you accurate, up‑to‑date information on emerging tech trends, in‑depth exam guides, and career‑boosting resources for IT professionals. Whether you're preparing for CompTIA, Cisco, Microsoft, or any other certification, or simply staying ahead in the fast‑paced world of technology, ITEXAMTEST delivers clear, actionable insights to help you succeed. We believe that knowledge should be accessible, practical, and current—so you can focus on what matters most: advancing your skills and your career. Read More
For Feedback - sumitsaharan537@gmail.com

Join Our WhatsApp Channel

WhatsApp Icon Telegram Icon