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MakeMyTrip Limited - MMYT STOCK NEWS

Welcome to our dedicated page for MakeMyTrip news (Ticker: MMYT), a resource for investors and traders seeking the latest updates and insights on MakeMyTrip stock.

MakeMyTrip Limited (symbol: MMYT) is India's pioneering online travel company, established in 2005. As the first travel portal in the country, MakeMyTrip revolutionized the way Indians purchase travel services with a wide range of offerings, convenience of online transactions, and competitive pricing.

Over the years, MakeMyTrip has consistently led the market with innovative products and services. The company's core business segments include Air Ticketing, Hotels and Packages, and Bus Ticketing. The Hotels and Packages segment, which includes internet-based platforms, call centers, and branch offices, generates the maximum revenue. This segment provides comprehensive holiday packages and hotel reservations.

MakeMyTrip also offers a robust Air Ticketing service, allowing users to book both domestic and international flights through its online platform. Additionally, it has an offline presence with over 60 stores across India, ensuring accessibility for a broader audience.

In August 2010, MakeMyTrip had a successful IPO on NASDAQ, becoming the first Indian travel company to list overseas. This milestone underscores the company's growth and credibility in the international market. MakeMyTrip has also expanded its global footprint by acquiring international entities such as the luxury tours and travel agency, Luxury Tours and Travel Pte Ltd, in Singapore in 2011, followed by acquisitions in Thailand.

The company has been recognized as one of the top ten ‘Best Companies to Work For in India’ for four consecutive years (2010-2013). MakeMyTrip's website attracted over 7.8 million unique visitors per month in the fiscal year 2015, highlighting its strong online presence.

Geographically, MakeMyTrip derives a majority of its revenue from India but also has a presence in the United States, South East Asia, Europe, and other countries. The company's continuous efforts to innovate and expand have solidified its position as a leader in the travel industry.

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MakeMyTrip Limited (Nasdaq: MMYT) will report its fiscal 2023 Q4 and full year financial and operating results on May 16, 2023. The company will host a live Zoom Webinar with the senior management team on the same day. MakeMyTrip owns and operates online travel brands such as MakeMyTrip, Goibibo, and redBus, offering a wide range of travel services and products in India and overseas.
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MakeMyTrip Limited (Nasdaq: MMYT) is set to announce its fiscal 2023 third quarter financial and operating results on January 31, 2023. The results will be published before market opening and will be available on their Investor Relations website. In addition, a live Zoom Webinar will take place at 7:30 am EDT (6:00 pm IST) on the same day, featuring the senior management team. Interested participants need to register online to receive a confirmation email with access details.

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MakeMyTrip Limited (Nasdaq: MMYT) will report its fiscal 2023 second quarter financial and operating results on November 1, 2022, before markets open. The results will be available on the company's Investor Relations website and there will be no newswire distribution. A live webinar with senior management is scheduled for 7:30 am EDT (5:00 pm IST) on the same day, with registration available online. A replay will be accessible approximately two hours after the event concludes.

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MakeMyTrip Limited, India’s leading online travel company, announced its Annual Shareholders Meeting scheduled for August 26, 2022, at 5:00 pm IST in Gurugram, India. Shareholders will receive a notice and proxy form, both issued on July 29, 2022. The annual report and audited financial statements for the year ending March 31, 2022, are accessible on the investor relations website. MakeMyTrip provides a comprehensive range of travel services, including flight bookings, hotel accommodations, and holiday planning.

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MakeMyTrip Limited (NASDAQ: MMYT) will announce its fiscal 2023 first quarter financial and operational results on July 27, 2022, prior to market opening. The results will be available on the Investor Relations website, and a live Zoom webinar led by senior management is scheduled for 7:30 am EDT. Participants can register online and will receive a confirmation email with access details. A replay of the event will be available approximately two hours post-conclusion.

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MakeMyTrip Limited (Nasdaq: MMYT) is set to announce its fiscal 2022 fourth quarter and full year financial results on May 25, 2022, before market opening. The results will be available on its Investor Relations website, without distribution via newswires. Additionally, a live Zoom webinar featuring senior management will occur at 7:30 am EDT/5:00 pm IST, allowing registered participants to engage directly. A replay will be accessible on their website shortly after the live event.

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MakeMyTrip Limited announced its fiscal 2022 third-quarter financial results, highlighting significant growth in revenue and a positive outlook. The company reported a revenue increase of 80.7% year-over-year, reaching $69.5 million. This surge is attributed to a rebound in travel demand post-COVID-19. The operating loss narrowed to $12.5 million, indicating improved operational efficiency. MakeMyTrip also experienced a rise in gross bookings, exceeding $2 billion, marking a 90% increase from the previous year.

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MakeMyTrip Limited (Nasdaq: MMYT) will announce its fiscal 2022 third quarter financial and operating results on January 25, 2022, before market opening. The press release can be accessed on their Investor Relations website, as it will not be distributed through newswires. Additionally, a live Zoom Webinar with senior management will take place at 7:30 am EDT (6:00 pm IST) on the same day, providing insights into the financial results. A replay will be available approximately two hours post-event.

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MakeMyTrip Limited (Nasdaq: MMYT) is set to announce its fiscal 2022 Q2 financial results on October 26, 2021, before market opening. The results will be shared on their Investor Relations website, not via newswires. Additionally, a live Zoom Webinar for stakeholders will occur at 7:30 am EDT, hosted by the senior management team. Registration is required, and a replay will be available post-event.

MakeMyTrip operates key travel brands including MakeMyTrip, goibibo, and redbus, providing extensive travel services both domestically and internationally.

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FAQ

What is the current stock price of MakeMyTrip (MMYT)?

The current stock price of MakeMyTrip (MMYT) is $111 as of December 20, 2024.

What is the market cap of MakeMyTrip (MMYT)?

The market cap of MakeMyTrip (MMYT) is approximately 12.2B.

What is MakeMyTrip Limited?

MakeMyTrip Limited is India's leading online travel company, offering comprehensive travel services including air tickets, hotel reservations, holiday packages, and bus ticketing.

When was MakeMyTrip founded?

MakeMyTrip was founded in 2005.

What are the core business segments of MakeMyTrip?

The core business segments include Air Ticketing, Hotels and Packages, and Bus Ticketing.

How can I book a flight or hotel through MakeMyTrip?

You can book flights and hotels through MakeMyTrip's online platform, call centers, or at one of their 60+ stores across India.

Where is MakeMyTrip's primary market?

MakeMyTrip's primary market is India, though it also has a presence in the United States, South East Asia, Europe, and other countries.

Has MakeMyTrip achieved any significant milestones?

Yes, MakeMyTrip was the first Indian travel company to list on NASDAQ in 2010 and has been recognized as one of the top ten ‘Best Companies to Work For in India’ from 2010-2013.

What acquisitions has MakeMyTrip made?

MakeMyTrip acquired Luxury Tours and Travel Pte Ltd in Singapore in 2011, followed by acquisitions in Thailand.

What is the revenue driver for MakeMyTrip?

The Hotels and Packages segment is the primary revenue driver for MakeMyTrip.

What is the user traffic on MakeMyTrip's website?

MakeMyTrip's website attracted over 7.8 million unique visitors per month in the fiscal year 2015.

Does MakeMyTrip have an offline presence?

Yes, MakeMyTrip has over 60 stores across India.

MakeMyTrip Limited

Nasdaq:MMYT

MMYT Rankings

MMYT Stock Data

12.20B
53.49M
23.71%
84.78%
2.72%
Travel Services
Consumer Cyclical
Link
United States of America
Gurugram