How did MakeMyTrip's revenue and expenses trend in Q3 2025?

**MakeMyTrip's Revenue Trend in Q3 2025**:
1. **Growth in Revenue**: MakeMyTrip's revenue for Q3 2025 was $146.85 million for Hotels and Packages, $57.55 million for Air Ticketing, $29.22 million for Bus Ticketing, and $20.91 million for Other segments.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|MMYT|MMYT.O|Makemytrip|20250101-2025|Other|6.9979E7|185|
|MMYT|MMYT.O|Makemytrip|20250101-2025|Other|4.2878E7|185|
|MMYT|MMYT.O|Makemytrip|20250101-2025|Other|2.091E7|185|

2. **Increase in Travel Demand**: The recovery in travel demand and increased digital adoption in India contributed to MakeMyTrip's revenue growth. The company's strategic initiatives to enhance its service offerings have positioned it well for future growth.
3. **Comparison with Analyst Estimates**: MakeMyTrip's revenue exceeded analyst estimates by 2.0%. The company's revenue is forecasted to grow at an average annual rate of 20% over the next three years, compared to the 9.8% growth forecast for the Hospitality industry in the US.

**MakeMyTrip's Expense Trend in Q3 2025**:
1. **No Results for Specific Expenses**: There were no results found for MakeMyTrip's expenses in Q3 2025.
2. **Increase in Expenses**: The decrease in profit margin from 11% to 10% in Q3 2025 was driven by higher expenses.
3. **Strategic Initiatives Impact**: The increase in bookings linked to outsourcing expenses indicates that MakeMyTrip's strategic initiatives to enhance its service offerings have led to higher expenses.

In conclusion, MakeMyTrip saw a rise in revenue due to increased travel demand and strategic initiatives, while expenses also increased, impacting profit margins.