MakeMyTrip Q3 Adjusted Profit Rises 14%, Net Profit Declines Amid Higher Finance Costs

MakeMyTrip reported a 14.47% rise in adjusted net profit to USD 51.4 million for Q3 FY26, with revenue increasing 15.4% year-on-year to USD 295.7 million. However, its reported net profit fell 73% to USD 7.3 million due to a significant rise in finance costs linked to increased interest expenses. CEO Rajesh Magow highlighted growth in transport and accommodation segments, portfolio diversification, and AI initiatives despite slower domestic air travel.