NEW DELHI – November 04, 2026 -- Mach Travel Solutions Limited (BSE: MACHLTD) posted first-half FY27 revenue from operations of INR 3,488.6 million, up 259.4% year-on-year and above its entire FY26 revenue. The figure is the company's highest first-half revenue since its incorporation in 2004.
Half-year profit after tax nearly doubles to INR 154.2 million
Profit after tax for H1 rose 97.2% to INR 154.2 million. EBITDA reached INR 236.2 million, up 108.3%. Revenue growth outpaced profit growth in the period.
Q2 revenue climbs 174.7% while profit growth slows to 46.9%
Q2 FY27 revenue reached INR 2,045.3 million, up 174.7% year-on-year. Q2 profit after tax grew 46.9% to INR 92.6 million, and Q2 EBITDA rose 48.8% to INR 143.9 million.
Gross Merchandise Value, which measures the travel transactions handled across the business, stood at about INR 5,325.4 million in Q2 and INR 7,845.4 million in H1.
Chairman lifts FY27 revenue target to more than 2.5x FY26
Chairman and Managing Director Amit Bhatia said the company had raised its FY27 revenue target to "more than 2.5x" FY26 revenue. He tied the upgrade to progress on the diversification strategy.
Mach extends beyond MICE into corporate, leisure and government travel
The company is expanding from its core meetings, incentives, conferences and exhibitions (MICE) business into corporate travel, business-to-business distribution, leisure, inbound travel, and government and institutional projects. Its stated priorities are scaling these lines, strengthening customer relationships and integrating technology across services. Mach, formerly Mach Conferences & Events Limited, is also developing a consumer online travel platform, Machtravel.com.