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$51.4 million in adjusted operating profit kept MakeMyTrip's (MMYT) margin at 1.8% of gross booking value in Q1 fiscal 2027, reported August 5, 2026, as hotels, packages and ground transport growth absorbed a 13% contraction in international flight departures.
IFRS revenue reached $285.6 million, up 16.1% year-on-year in constant currency.
Gross booking value grew 19.9% in constant currency, with an approximately 10-percentage-point translation drag compressing all reported figures.
Segment breakdown Air ticketing adjusted margin came in at $98.5 million, up 10.8% year-on-year in constant currency, despite flat domestic departures and the 13% international decline.
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