NasdaqGS:MMYTHospitality
MakeMyTrip (MMYT) Is Up 9.3% After Buybacks Continue Despite Earnings Pressure From West Asia Disruptions
In May 2026, MakeMyTrip Limited reported fourth-quarter and full-year results showing year-on-year revenue growth to US$250.12 million and US$1.04 billion respectively, alongside lower net income, while also completing a long-running US$127.56 million share repurchase program covering 4.03% of its shares.
An interesting twist is that despite the earnings pressure partly linked to West Asia-related travel disruptions, MakeMyTrip continued buying back shares, signaling management’s willingness...