# Indian travel-tech sector financial performance > Live situation record from CLSTR: https://clstr.news/situations/indian-travel-tech-sector-financial-performance > Updated: 2026-08-13T20:32:15.000Z. Sources: 4. Developments: 2. Indian travel-technology companies reported varying financial results for the first quarter of fiscal year 2027, with performance largely influenced by geopolitical instability in West Asia. MakeMyTrip experienced a 65% year-over-year decline in net profit, falling to $9.1 million, despite a 6% increase in revenue. The company cited macroeconomic headwinds, including the West Asia conflict affecting outbound international travel, currency depreciation, and rising fuel and finance costs. However, domestic leisure demand remained strong, contributing to a 19.9% growth in gross bookings. Other industry players showed mixed outcomes. Yatra Online saw a 16.3% increase in gross bookings, but its operational revenue declined by approximately 10%. The company noted that West Asian conflict disruptions to air connectivity and increased fares negatively impacted its Meetings, Incentives, Conferences, and Exhibitions (MICE) segment. Conversely, EaseMyTrip reported growth in both gross booking revenue and operational revenue, noting that its Dubai operations grew by 45.2% despite regional challenges. ## Timeline ### 2026-08-13: Indian travel-tech firms Yatra Online and EaseMyTrip report Q1 results Indian travel-tech firms Yatra Online and EaseMyTrip reported Q1 FY27 results, with EaseMyTrip seeing growth in Dubai and Yatra noting MICE revenue pressures due to West Asian geopolitical disruptions. 4 sources. https://clstr.news/cluster/indian-travel-tech-firms-yatra-online-and-easemytrip-report-q1-results ### 2026-08-03: MakeMyTrip Q1 Profit Falls 65% Amid Revenue Growth MakeMyTrip Q1 profit dropped 65% to $9.1 M while revenue rose 6% to $285.6 M; strong domestic demand and 19.9% booking growth offset macro headwinds like the West Asia conflict and rupee depreciation. 3 sources. https://clstr.news/cluster/makemytrip-q1-profit-falls-65-amid-revenue-growth --- Cite as: Indian travel-tech sector financial performance. CLSTR, https://clstr.news/situations/indian-travel-tech-sector-financial-performance