MakeMyTrip slips into red, posts $5.7 mn loss in Q2

The article covers travel-tech unicorn MakeMyTrip Ltd posting a net loss of US $5.7 million in Q2, signaling pressure in a sector recovering from pandemic disruption. Despite rebound in demand, increased marketing spend, higher operating costs and currency headwinds weighed on profitability. The story reflects that although travel demand may be returning, margins remain under pressure and investor patience is being tested. It provides insight into the monetisation-challenge phase of travel tech and reminds stakeholders that growth doesn’t automatically translate into profitability.