Stock Track | MakeMyTrip Soars 5.13% Following Impressive Q3 Earnings and Growth in Spiritual, Live Tourism

Stock Track

Jan 24, 2025

MakeMyTrip Limited (MMYT) shares surged 5.13% in intraday trading on Thursday, following the company's impressive fiscal Q3 2025 earnings report and its focus on tapping into emerging growth opportunities like spiritual tourism and live event tourism.

For the quarter ended December 31, 2024, MakeMyTrip reported adjusted earnings per share of $0.39, beating analysts' estimate of $0.32. The company's revenue also exceeded expectations, coming in at $267.4 million versus the FactSet consensus estimate of $265.1 million.

The strong financial performance was driven by several factors, including the rise of spiritual tourism in India. MakeMyTrip has introduced features specifically tailored for travelers visiting religious destinations, such as wheelchair-friendly accommodations and vegetarian meal options. The company's homestays business has also seen substantial growth in pilgrimage cities like Varanasi and Ayodhya.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1174065025"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1174065025\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1174065025?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-24 03:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1174065025","market":"us","top_or_hot":-1,"title":"Stock Track | MakeMyTrip Soars 5.13% Following Impressive Q3 Earnings and Growth in Spiritual, Live Tourism","media":"Stock Track","content":"<p>MakeMyTrip Limited (MMYT) shares surged 5.13% in intraday trading on Thursday, following the company's impressive fiscal Q3 2025 earnings report and its focus on tapping into emerging growth opportunities like spiritual tourism and live event tourism.</p>\n\n<p>For the quarter ended December 31, 2024, MakeMyTrip reported adjusted earnings per share of $0.39, beating analysts' estimate of $0.32. The company's revenue also exceeded expectations, coming in at $267.4 million versus the FactSet consensus estimate of $265.1 million.</p>\n\n<p>The strong financial performance was driven by several factors, including the rise of spiritual tourism in India. MakeMyTrip has introduced features specifically tailored for travelers visiting religious destinations, such as wheelchair-friendly accommodations and vegetarian meal options. The company's homestays business has also seen substantial growth in pilgrimage cities like Varanasi and Ayodhya.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MakeMyTrip Soars 5.13% Following Impressive Q3 Earnings and Growth in Spiritual, Live Tourism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MakeMyTrip Soars 5.13% Following Impressive Q3 Earnings and Growth in Spiritual, Live Tourism\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-24 03:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MakeMyTrip Limited (MMYT) shares surged 5.13% in intraday trading on Thursday, following the company's impressive fiscal Q3 2025 earnings report and its focus on tapping into emerging growth opportunities like spiritual tourism and live event tourism.</p>\n\n<p>For the quarter ended December 31, 2024, MakeMyTrip reported adjusted earnings per share of $0.39, beating analysts' estimate of $0.32. The company's revenue also exceeded expectations, coming in at $267.4 million versus the FactSet consensus estimate of $265.1 million.</p>\n\n<p>The strong financial performance was driven by several factors, including the rise of spiritual tourism in India. MakeMyTrip has introduced features specifically tailored for travelers visiting religious destinations, such as wheelchair-friendly accommodations and vegetarian meal options. The company's homestays business has also seen substantial growth in pilgrimage cities like Varanasi and Ayodhya.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMYT","symbol_name":"MakeMyTrip Limited","start_time":0,"source_url":"","article_id":"1174065025","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174065025","pubTimestamp":1737660218,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MakeMyTrip Limited  shares surged 5.13% in intraday trading on Thursday, following the company's impressive fiscal Q3 2025 earnings report and its focus on tapping into emerging growth opportunities like spiritual tourism and live event tourism.For the quarter ended December 31, 2024, MakeMyTrip reported adjusted earnings per share of $0.39, beating analysts' estimate of $0.32. The company's revenue also exceeded expectations, coming in at $267.4 million versus the FactSet consensus estimate of ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MMYT":"MakeMyTrip Limited"},"translate_title":"股票跟踪MakeMyTrip在第三季度盈利令人印象深刻以及精神和现场旅游增长后飙升5.13%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MMYT":1},"content_text":"MakeMyTrip Limited (MMYT) shares surged 5.13% in intraday trading on Thursday, following the company's impressive fiscal Q3 2025 earnings report and its focus on tapping into emerging growth opportunities like spiritual tourism and live event tourism.\nFor the quarter ended December 31, 2024, MakeMyTrip reported adjusted earnings per share of $0.39, beating analysts' estimate of $0.32. The company's revenue also exceeded expectations, coming in at $267.4 million versus the FactSet consensus estimate of $265.1 million.\nThe strong financial performance was driven by several factors, including the rise of spiritual tourism in India. MakeMyTrip has introduced features specifically tailored for travelers visiting religious destinations, such as wheelchair-friendly accommodations and vegetarian meal options. The company's homestays business has also seen substantial growth in pilgrimage cities like Varanasi and Ayodhya.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}