News Overview

Operating revenue fell 3% YoY from ₹2,046 crore to ₹1,979 crore last fiscal.

MakeMyTrip generates revenues from its four main business segments: Air Ticketing, Hotels and Packages, Bus Ticketing, and Other Services.

The announcement was made after signing a memorandum of understanding (MoU) at the World Economic Forum in Davos, Switzerland on January 22, 2025.

Axis Bank is the only stock that hit a 52-week low in Sensex and in Nifty

EBITDA rose 39.2% YoY to ₹2,215.7 crore, with the EBITDA margin expanding by 300 basis points, climbing to 36.5% from 33.5% in the prior year

We also propose for a ‘Gold linked credit line via UPI’ that can go a long way in helping households/small business owners meet their financing needs and monetise idle gold jewellery.

The company's revenue from operations also grew healthily, up by 10.6% YoY to ₹943 crore, as against ₹853.5 crore in Q3 FY24.

To this end, we expect the government to announce long-term funding mechanisms or partial credit enhancement programs, tailored specifically for NBFCs.

We are optimistic that this budget will strengthen the fintech ecosystem, enabling affordable credit solutions for the broader population.

Climate change is a pressing concern, and the finance sector has a role to play.