MakeMyTrip saw revenues jump to $33 million in the second quarter of 2021, despite the Delta variant of COVID-19 hitting travel plans in the company's domestic market.
The India-based online travel agency captured just $6 million in the corresponding quarter in 2020 (MMT's first quarter of its fiscal reporting year).
Gross bookings for the group came in at $287 million between April and June this year, compared to $65 million year-over-year.
Operating losses narrowed from $21 million to $9 million.
Market segments showed improving figures across the board as travel activity picked up in the second quarter of 2021.
Revenues from air tickets increased to $15 million from $4 million year-over-year and hotel bookings and package trips climbed from $1 million to $11 million over the same reporting period.
The company says performance started to "recover gradually following India’s nationwide lockdown" but India experienced a "rapid resurgence" of recorded cases in early-2021, culminating in the emergence of the Delta variant.
Deep Kalra, group executive chairman of MakeMyTrip, says: "MakeMyTrip continued to show resilience in navigating its way through the highly challenging environment impacted by the second wave of COVID-19 that hit India during this reported quarter.
"It remains well positioned to be stronger following the pandemic with its more efficient cost structure, strong balance sheet and long term investments."