MakeMyTrip Limited has announced its unaudited financial and operating results for the fourth quarter and full year ended March 31, 2026, reporting record annual gross bookings and continued growth across its travel segments.
The company recorded gross bookings of USD 10.4 billion in FY26, representing a 10.4 per cent year-on-year increase in constant currency. Revenue for the financial year rose 10.7 per cent year-on-year in constant currency, while results from operating activities grew 30.1 per cent to USD 156 million.
MakeMyTrip stated that adjusted margins recorded double-digit growth across all major business verticals during the year. Air Ticketing adjusted margins grew 13.4 per cent year-on-year in constant currency, while Hotels and Packages increased by 15.7 per cent. Bus Ticketing recorded the highest growth at 29.3 per cent, followed by the ‘Others’ category, which grew 37.1 per cent year-on-year.
The company said the performance was achieved despite external factors affecting overall travel sentiment during the year.
Commenting on the results, Rajesh Magow, Group Chief Executive Officer, MakeMyTrip, said:
“We surpassed our annual Gross Bookings milestone of USD 10 billion and strengthened our position as the travel platform of choice. Despite a challenging market environment, it is encouraging to see double-digit, year-on-year growth in Adjusted Margins in constant currency across all our major verticals.”
He added that the company’s ancillary and non-core offerings also contributed significantly to growth during the financial year.
MakeMyTrip also highlighted advancements in its artificial intelligence initiatives through its AI-powered travel assistant, Myra. According to the company, the conversational AI platform is now capable of handling the entire booking journey, from travel search to completed paid booking, including voice-based interactions.
During Q4 FY26, Myra handled more than 54,000 daily conversations, with over 45 per cent of usage originating from Tier-2 and smaller cities.
The company stated that Myra also contributed to operational efficiency by autonomously resolving approximately 55 per cent of post-booking customer queries across Flights and Hotels during the quarter.
“Our focus on enhancing our AI capabilities is beginning to show results and shape how consumers experience the platform. Myra is unlocking first-time users from Tier-2 cities and beyond and resolving over 55% post-booking queries across Flights and Hotels in Q4 FY26,” Magow added.
MakeMyTrip continues to invest in technology-led customer experiences as competition intensifies in India’s online travel sector and digital adoption expands across emerging markets.
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