MakeMyTrip (MMYT) Delivers Record Gross Bookings

MakeMyTrip Limited (NASDAQ:MMYT) is one of the Best Indian Stocks to Buy for Next 5 Years. MakeMyTrip Limited (NASDAQ:MMYT) delivered record gross bookings and revenue in FY 2025, while strong growth and expanding margins continue to underscore the strength of its platform, brands’ popularity, and the sustained momentum across domestic and international travel demand. MakeMyTrip Limited (NASDAQ:MMYT)’s investments in new demand segments and personalized customer experiences supported it in growing its customer base and fueling high repeat bookings. The company’s repeat rate in Q4 2025 remained healthy at a 70%+ rate.

MakeMyTrip (MMYT) Delivers Record Gross Bookings

A busy airport terminal with travelers queuing up for flights, revealing the sheer volumes of travelers served by the company.

The company saw revenues of $245.5 million in the quarter ended March 31, 2025, reflecting 21.0% growth YoY, mainly due to an increase of 11.9% in revenue from its air ticketing business, and a rise of 16.9% in revenue from its hotels and packages business. However, a revenue increase of 40.8% from its bus ticketing business and a rise of 46.0% from its “others” business also contributed to the overall revenue growth.

During the year, MakeMyTrip Limited (NASDAQ:MMYT) announced the acquisition of the Happay Expense Management Platform from CRED in order to strengthen its corporate business proposition. This acquisition reinforces MakeMyTrip Limited (NASDAQ:MMYT)’s commitment to be a go-to platform for comprehensive corporate travel and expense management solutions.

Based in Gurugram, India, MakeMyTrip Limited (NASDAQ:MMYT) operates as a travel service provider.

While we acknowledge the potential of MMYT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MMYT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.