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Mach Travel Solutions shares jump up to 7% after Q1 results
The stock rose on BSE after the company reported a 307% year-on-year increase in net profit to ₹6.17 crore, alongside a sharp revenue jump to ₹144.33 crore.
Mach Travel Solutions shares surged as much as 7% on BSE during Thursday trading after the company reported strong quarterly performance for the April to June period, its Q1 results for FY27.
According to LiveMint Markets, the company posted net profit of ₹6.17 crore, up 307% year on year from ₹1.52 crore in the same quarter a year earlier. Revenue from operations climbed to ₹144.33 crore in Q1 FY27 from ₹22.62 crore in Q1 FY26, an increase of about 538%.
The outlet also noted that EBITDA, including other income, stood at ₹8.92 crore, with an EBITDA margin of 6.09%. The company reported gross merchandise value of approximately ₹252 crore in Q1 FY27, and it began reporting GMV from Q1 FY27 to provide more visibility into the scale of operations.
LiveMint Markets said the performance reflected growth across key business verticals as the company expands, and it described the transformation from a predominantly MICE-focused business into a technology-enabled travel solutions platform supported by corporate travel, B2B, leisure, and government or institutional projects. Amit Bhatia, chairman and managing director, said Q1 FY27 marked a milestone in that transformation and that the focus is now on scaling business verticals, deepening technology integration, expanding the customer base, and leveraging opportunities across the MACH ecosystem.