MakeMyTrip reports record profit of Rs 1,423 cr in Q4

MakeMyTrip reported a record quarterly profit of Rs 1,423 crore in Q4 FY 24, up 3,062% YoY. Co-founder Rajesh Magow is optimistic about future growth in domestic and international travel sectors. The accommodation business saw 41% YoY growth with a strong hospitality and hotel inventory expansion outlook. he expected an improvement in the domestic supply situation and significant hotel inventory additions by domestic and international chains.