Core Insights - MakeMyTrip reported a 73% decline in net profit to $7.3 million for the third quarter, primarily due to increased finance costs [7] - The company recovered from a sequential loss of $5.7 million, with operating revenue increasing by 11% to $295.7 million compared to $267 million in the same quarter of the previous fiscal year [1][7] - Adjusted operating profit rose to $50.7 million in the third quarter, up from $46 million in the corresponding period of the previous fiscal year [1][7] Financial Performance - The hotels and packages business experienced strong volume growth of 20.3% year on year, based on the number of hotel-room nights booked [2][7] - Net finance costs increased significantly to $27.7 million from $4.8 million in the previous quarter, attributed to a $24.2 million rise in interest expenses related to convertible senior notes due in 2030 [6][7] - The increase in finance costs was linked to the accounting effects of a $3.1 billion capital raise, which included ordinary shares and zero-coupon convertible notes maturing in 2030 [6][7] Strategic Focus - The company aims to expand its wallet share with Indian travelers by offering comprehensive and differentiated products for both new and existing customers [5][7] - MakeMyTrip is making progress in its AI initiatives to enhance customer experience and improve organizational efficiency [5][7]

Core Insights - MakeMyTrip Ltd reported an adjusted net profit of USD 51.4 million for Q3 FY26, reflecting a 14.47% increase from USD 44.9 million in the same quarter of the previous fiscal year [5] - The company's revenue grew by 15.4% year-on-year, reaching USD 295.7 million in Q3 FY26 compared to USD 267.4 million in Q3 FY25 [5] Financial Performance - Adjusted net profit for Q3 FY26: USD 51.4 million, up from USD 44.9 million in Q3 FY25 [5] - Revenue for Q3 FY26: USD 295.7 million, an increase from USD 267.4 million in Q3 FY25 [5] Strategic Focus - The diversified product portfolio of transport and accommodation options helped mitigate the impact of slower growth in the domestic air travel market [2][5] - The company aims to expand its wallet share with Indian travelers through comprehensive and differentiated offerings for both new and existing customers [2][5] Technological Advancements - MakeMyTrip is making progress in its AI initiatives to enhance customer experience and improve organizational efficiency and agility [4][5]