Makemytrip Ltd income statement
In fiscal 2026, Makemytrip Ltd reported revenue of $1.04bn, up 6.7% on the year before, operating income of $156m (a 14.9% margin) and net income of $51.8m, or $0.36 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 336 | 448 | 675 | 486 | 512 | 163 | 304 | 593 | 783 | 978 | 1,044 |
| Cost of revenue | 167 | 174 | 176 | 171 | 149 | 22 | 59 | 178 | 215 | 274 | 274 |
| Gross profit | 169 | 274 | 499 | 315 | 362 | 141 | 245 | 415 | 567 | 704 | 770 |
| Selling and marketing | — | — | — | — | — | — | — | — | 40 | 52 | 58 |
| Operating income | −67 | −135 | −219 | −153 | −429 | −68 | −30 | 24 | 65 | 120 | 156 |
| Interest expense | — | — | — | — | 3 | 2 | 2 | 2 | 2 | 2 | 1 |
| Income before tax | −88 | −110 | −220 | −169 | −448 | −61 | −47 | −12 | 93 | 116 | 78 |
| Income tax | 0 | 0 | 0 | −1 | −0 | −5 | −1 | 27 | −124 | 21 | 27 |
| Net income | −89 | −110 | −218 | −168 | −448 | −56 | −45 | −11 | 217 | 95 | 52 |
| Diluted EPS | −$1.06 | −$1.04 | −$2.18 | −$1.61 | −$4.26 | −$0.52 | −$0.42 | −$0.10 | $1.74 | $0.83 | $0.36 |
| Diluted shares (average) | 83m | 105m | 100m | 104m | 105m | 107m | 108m | 110m | 118m | 115m | 110m |
| EBITDA | −58 | −121 | −190 | −126 | −396 | −35 | −1 | 51 | 92 | 147 | 184 |
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