MMT reports net profit of $1.8 million in Q2, revenues at $ 235.2 million

What happened: MMT reported a net profit of $1.8 million in Q2, with revenues of $235.2 million. Key numbers: Revenue $235.2 million, up 11.2% in constant currency. Adjusted operating profit $46.2 million versus $44.2 million a year earlier. Gross bookings up 20.9% year on year to $2.7 billion. Why it matters: Group CEO Rajesh Magow said the company delivered strong growth despite a challenging travel environment, citing hotels and ground transport as signs of portfolio resilience, and said MMT continues to invest with discipline to capture India's long-term travel opportunity.

MMT reported a net profit of $1.8 million in Q2, with revenues of $235.2 million.

Group CEO Rajesh Magow said the company delivered strong growth despite a challenging travel environment, citing hotels and ground transport as signs of portfolio resilience, and said MMT continues to invest with discipline to capture India's long-term travel opportunity.