{"id":930922,"date":"2025-05-15T09:01:06","date_gmt":"2025-05-15T03:31:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=930922"},"modified":"2025-05-15T09:11:53","modified_gmt":"2025-05-15T03:41:53","slug":"makemytrip-q4-results-net-profit-stands-at-29-million-shares-down-1-23-on-nasdaq-heres-why","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/15\/makemytrip-q4-results-net-profit-stands-at-29-million-shares-down-1-23-on-nasdaq-heres-why\/","title":{"rendered":"MakeMyTrip Q4 Results: Net profit stands at $29 million, shares down 1.23% on Nasdaq. Here&#8217;s why"},"content":{"rendered":"<p>MakeMyTrip Q4 Results: Online travel bookings platform, MakeMyTrip, announced its January to March quarter results for the financial year 2024-25 on Wednesday, 14 May 2025. The company witnessed an 83 per cent fall in its net profit for the fourth quarter to $29.2 million in the 2024-25 fiscal year. However, this decline is not due to the firm&#8217;s operational reasons. <\/p>\n<p>The company made a net profit of $171.9 million in the same period of the previous financial year, due to a one-time credit of $126.1 million in recognition of deferred tax assets and a $30.6 million one-time gain due to the change in carrying value of our convertible notes due 2028 measured at amortised cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MakeMyTrip Q4 Results: Online travel bookings platform, MakeMyTrip, announced its January to March quarter results for the financial year 2024-25 on Wednesday, 14 May 2025. The company witnessed an 83 per cent fall in its net profit for the fourth quarter to $29.2 million in the 2024-25 fiscal year. However, this decline is not due to the firm&#8217;s operational reasons. The company made a net profit of $171.9 million in the same period of the previous financial year, due to a one-time credit of $126.1 million in recognition of deferred tax assets and a $30.6 million one-time gain due to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-930922","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=930922"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930922\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=930922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=930922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=930922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}