Revenue Growth - Revenue for Q4 FY23 was $148.5 million, a 67.7% increase YoY, and $593.0 million for the full year, a 95.1% increase YoY[11]. - Total revenue for the fiscal year 2023 was $593.0 million, a 95.1% increase from $303.9 million in fiscal year 2022[27]. - Revenue for the three months ended March 31, 2023, reached $148.52 million, a 67.7% increase year-over-year[78]. - For the year ended March 31, 2023, the company reported a total revenue growth of 95.1% year-over-year, with air ticketing growing by 66.6%, hotels and packages by 114.7%, and bus ticketing by 87.7%[79]. Gross Bookings - Gross Bookings reached $1,673.9 million in Q4 FY23, up 80.7% YoY, and $6,566.2 million for the full year, up 122.0% YoY[7]. - The company achieved a gross booking of $6.57 billion for the year ended March 31, 2023, compared to $3.19 billion in the previous year, representing a growth of 106.5%[81]. Profitability - Adjusted Operating Profit for Q4 FY23 was $19.0 million, an increase of $7.0 million YoY, and $70.3 million for the full year, up $47.1 million YoY[7]. - Adjusted Net Profit for FY23 was $52.9 million, significantly up from $21.7 million in FY22[7]. - The company reported a profit of $5.4 million for Q4 FY23, compared to a loss of $4.1 million in Q4 FY22[2]. - The company reported a profit (loss) before tax of $(12,144) thousand for the year ended March 31, 2023, compared to $(46,674) thousand in 2022, showing an improvement in pre-tax losses[73]. Segment Performance - Air Ticketing revenue increased by 53.5% YoY in Q4 FY23 to $38.9 million, with an Adjusted Margin of $74.3 million, up 65.8% YoY[13]. - Hotels and Packages revenue grew by 81.9% YoY in Q4 FY23 to $82.1 million, with an Adjusted Margin of $63.5 million, up 64.2% YoY[7]. - Bus Ticketing revenue increased by 49.8% YoY in Q4 FY23 to $18.9 million, with an Adjusted Margin of $19.3 million, up 70.8% YoY[7]. - Revenue from the hotels and packages business increased by 114.7% to $337.7 million for the year ended March 31, 2023, compared to $157.3 million in the previous year[32]. - Revenue from the bus ticketing business increased by 87.7% to $74.9 million, with Adjusted Margin rising by 101.8% to $77.3 million for the year ended March 31, 2023[33]. Expenses - Personnel expenses increased by 12.9% to $132.0 million, primarily due to annual wage increases[35]. - Marketing and sales promotion expenses surged by 99.1% to $101.6 million, reflecting increased variable costs and discretionary expenditures[36]. - Other operating expenses rose by 79.1% to $34.1 million in Q1 2023, up from $19.0 million in Q1 2022[21]. - Customer inducement costs recorded as a reduction of revenue increased to $60.4 million in Q1 2023 from $33.7 million in Q1 2022[21]. Cash and Liquidity - As of March 31, 2023, the company had cash and cash equivalents of $486.7 million and no amounts outstanding under existing credit facilities[44]. - Cash and cash equivalents increased to $284.018 million as of March 31, 2023, up from $213.283 million a year earlier, indicating improved liquidity[64]. - The company recorded a net cash generated from investing activities of $46,776 thousand in 2023, a turnaround from a cash outflow of $77,604 thousand in 2022[71]. Market Outlook and Strategy - The strong recovery in travel demand was attributed to increased consumer sentiment and vaccination rates, leading to improved results across all segments[9]. - The company plans to continue investing in product innovation to enhance customer experience in the upcoming fiscal year[6]. - The company plans to continue expanding its market presence and investing in new technologies to enhance user experience and operational efficiency[80].

MakeMyTrip Limited (NASDAQ:MMYT) Q3 2023 Results Conference Call January 31, 2023 7:30 AM ET Company Participants Vipul Garg - Vice President of Investor Relations Deep Kalra - Founder and Chairman Rajesh Magow - Co-Founder and Chief Executive Officer Mohit Kabra - Chief Financial Officer Conference Call Participants Sachin Salgaonkar - Bank of America Gaurav Rateria - Morgan Stanley Aditya Suresh - Macquarie Vijit Jain - Citi Aditya Chandrasekar - UBS Tarbir Shahpuri - Nidara Capital Vipul Garg Good evenin ...

Exhibit 99.1 MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2023 THIRD QUARTER RESULTS Impact of the COVID-19 Pandemic The impact of the global COVID-19 pandemic has severely impacted travel demand in terms of affecting consumers' sentiment and their willingness to travel, which has caused airlines and hotels in India and around the world to operate at significantly reduced service levels throughout much of fiscal years 2021 and 2022. The COVID-19 pandemic has also resulted in significant weakness in the macroeconomic ...

MakeMyTrip Limited (NASDAQ:MMYT) Q2 2023 Earnings Conference Call November 1, 2022 7:30 AM ET Company Participants Vipul Garg - Vice President of Investor Relations Deep Kalra - Founder and Chairman Rajesh Magow - Co-Founder and Chief Executive Officer Mohit Kabra - Chief Financial Officer Conference Call Participants Aditya Chandrasekar - UBS Vijit Jain - Citi Vipul Garg Hello, everyone. I'm Vipul Garg, Vice President, Investor Relations at MakeMyTrip Limited. And welcome to our Fiscal Year 2023 Second Qua ...

Exhibit 99.1 Other information Impact of the COVID-19 Pandemic The impact of the global COVID-19 pandemic has severely impacted travel demand in terms of affecting consumers' sentiment and their willingness to travel, which has caused airlines and hotels in India and around the world to operate at significantly reduced service levels throughout much of fiscal years 2021 and 2022. The COVID-19 pandemic has also resulted in significant weakness in the macroeconomic environment and heightened volatility in fin ...

MakeMyTrip Limited (NASDAQ:MMYT) Q1 2023 Earnings Conference Call July 27, 2022 7:30 AM ET Company Participants Vipul Garg - VP, IR Deep Kalra - Founder & Group Executive Chairman Rajesh Magow - Co-Founder & Group CEO Mohit Kabra - Group CFO Conference Call Participants Vijit Jain - Citi Guarav Rateria - Morgan Stanley Mithun - GC Ventures Aditya Chandrashekhar - UBS Securities Vipul Garg Hello, everyone. I???m Vipul Garg, Vice President, Investor Relations at MakeMyTrip Limited. And welcome to our fiscal y ...

Exhibit 99.1 MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2023 FIRST QUARTER RESULTS Financial Highlights for Fiscal 2023 First Quarter Gurugram, India and New York, July 27, 2022 — MakeMyTrip Limited (NASDAQ: MMYT), India's leading travel service provider, today announced its unaudited financial and operating results for its fiscal first quarter ended June 30, 2022. "We witnessed strong recovery during the first quarter of fiscal year 2023, largely attributable to increased demand for travel during the summer holid ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR (G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Title of Class) (Trading Symbol) (Name of Exchange On Which Re ...

MakeMyTrip Limited (NASDAQ:MMYT) Q4 2022 Earnings Conference Call May 25, 2022 7:30 AM ET Company Participants Vipul Garg - Vice President, Investor Relations Deep Kalra - Founder & Group Executive Chairman Rajesh Magow - Co-Founder & Group Chief Executive Officer Mohit Kabra - Group Chief Financial Officer Conference Call Participants Gaurav Rateria - Morgan Stanley Vijit Jain - Citi Operator Vipul Garg Hello, everyone. I'm Vipul Garg, Vice President, Investor Relations at MakeMyTrip Limited. And welcome t ...

Exhibit 99.1 MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2022 FOURTH QUARTER AND FULL YEAR RESULTS Financial Highlights for Fiscal 2022 Fourth Quarter and Full Year Gurugram, India and New York, May 25, 2022 — MakeMyTrip Limited (NASDAQ: MMYT), India's leading online travel company, today announced its unaudited financial and operating results for its fiscal fourth quarter and full fiscal year ended March 31, 2022. "Our long-term cost rationalization helped us post full year Adjusted Operating Profit of $23.2 milli ...