Exhibit 99.1

MAKEMYTRIP LIMITED ANNOUNCES FISCAL 2017 FOURTH QUARTER AND FULL YEAR RESULTS

Financial Highlights for Fiscal 2017 Fourth Quarter and Full Year

(Year over Year (YoY) growth % are based on constant currency ⁽¹⁾ ; please see table below for YoY growth % on actual basis)

Gurgaon, India and New York, May  19, 2017 — MakeMyTrip Limited (Nasdaq: MMYT), India’s leading online travel company, today announced its unaudited financial and operating results for its fourth fiscal quarter and full fiscal year ended March 31, 2017.

“Fiscal Year 2017 marked a pivotal moment in MakeMyTrip’s history as we successfully merged with the Ibibo Group to create India’s leading travel company.” said Deep Kalra, Group Chairman and Group CEO. “With our recent capital raise and sharp focus on driving superior customer experience I believe that we are now best positioned to leverage the growth in the travel market in India.”

MakeMyTrip’s financial and operating results for the fiscal 2017 fourth quarter and full year include the financial and operating results of ibibo Group Holdings (Singapore) Pte. Ltd and its subsidiaries (“ibibo Group”) which we acquired on January 31, 2017.

Notes:

Please see “About Non-IFRS Financial Measures” included within this release to understand the importance of the financial measures set forth in notes (1) to (7) above. Reconciliations of IFRS financial measures to non-IFRS operating results are included at the end of this release.

Other information

Share Repurchase

The following table provides information about purchases made by us during the periods presented of our outstanding ordinary shares, par value USD 0.0005 per share:

MakeMyTrip’s financial and operating results for the fiscal 2017 fourth quarter and full year include the financial and operating results of ibibo Group which was acquired on January 31, 2017. This has impacted both the fiscal 2017 fourth quarter and full year financial and operating results along with details mentioned below.

Fiscal 2017 Fourth Quarter Financial Results

Revenue . We generated revenue of $120.0 million in the quarter ended March 31, 2017, an increase of 36.4% (an increase of 35.8% in constant currency) over revenue of $88.0 million in the quarter ended March 31, 2016.

Air Ticketing. Revenue and revenue less service costs from our air ticketing business increased by 48.1% (47.2% in constant currency) to $32.9 million in the quarter ended March 31, 2017 from $22.2 million in the quarter ended March 31, 2016. This increase was due to an increase in gross bookings of 43.0% (42.1% in constant currency) driven by 42.4% increase in the number of transactions year over year along with the consolidation of the ibibo Group. Further, our net revenue margin (defined as revenue less service cost as a percentage of gross bookings) increased marginally from 7.0% in the quarter ended March 31, 2016 to 7.2% in the quarter ended March 31, 2017.

Hotels and Packages. Revenue from our hotels and packages business increased by 22.6% (22.0% in constant currency) to $78.9 million in the quarter ended March 31, 2017, from $64.4 million in the quarter ended March 31, 2016. Our revenue less service costs increased by 57.9% (57.2% in constant currency) to $43.9 million in the quarter ended March 31, 2017 from $27.8 million in the quarter ended March 31, 2016. Gross bookings increased by 35.3% (34.7% in constant currency) driven by 77.9% increase in the number of transactions year over year along with the consolidation of the ibibo Group. Net revenue margin has improved from 17.6% in the quarter ended March 31, 2016 and 19.4% in the previous reported quarter to 20.5% in the quarter ended March 31, 2017 driven by increasing mix of standalone hotels bookings as a percentage of overall transactions.

Other Revenue. Our other revenue increased to $8.3 million in the quarter ended March 31, 2017 from $1.4 million in the quarter ended March 31, 2016, primarily due to the contribution of bus ticketing revenue from the ibibo Group consolidation and an increase in facilitation fees on travel insurance.

Total Revenue less Service Costs. Our total revenue less service costs increased by 65.3% (64.5% in constant currency) to $85.1 million in the quarter ended March 31, 2017 from $51.5 million in the quarter ended March 31, 2016, primarily as a result of a 57.9% (57.2% in constant currency) increase in our hotels and packages revenue less service costs, a 48.1% (47.2% in constant currency) increase in our air ticketing revenue less service costs and increase in other revenue.

Personnel Expenses . Personnel expenses increased by 178.0% to $32.7 million in the quarter ended March 31, 2017 from $11.8 million in the quarter ended March 31, 2016 mainly due to higher share based compensation costs in the quarter ended March 31, 2017 primarily relating to the ibibo acquisition, and the consolidation of the ibibo acquisition. The share based compensation costs also includes a one-time charge of $9.0 million as part of the ibibo Group acquisition. Excluding employee share-based compensation costs, personnel expenses as a percentage of net revenue increased by 0.2% year over year.

Marketing and sales promotion expenses. Marketing and sales promotion expenses increased by 48.9% to $78.8 million in the quarter ended March 31, 2017 from $53.0 million in the quarter ended March 31, 2016, primarily as a result of significant customer inducement/acquisition programs expenses incurred to accelerate growth in our standalone hotel booking business along with an increase in brand advertisement expenses and mobile application download and referral cost that we incurred in the quarter ended March 31, 2017 and contribution of marketing and sales promotion expenses of the ibibo Group. The customer inducement/acquisition expenses are primarily incentives given to customers for accelerating growth in our standalone hotel booking business .

Other Operating Expenses. Other operating expenses increased by 61.6% to $27.3 million in the quarter ended March 31, 2017 from $17.0 million in the quarter ended March 31, 2016, primarily as a result of an increase in legal and professional expenses of $5.3 million and an increase in payment gateway charges and outsourcing expenses in line with the growth in our business and contribution of other operating expenses of the ibibo Group. Other operating expenses for the quarter ended March 31, 2017 also includes $4.2 million of merger and acquisition related expenses in the quarter ended March 31, 2017 comprising legal and professional expenses, other expenses associated with our acquisition of the ibibo Group and certain non-routine transactions, whether or not consummated.

Depreciation, Amortization and Impairment.  Our depreciation, amortization and impairment expenses increased to $21.6 million in the quarter ended March 31, 2017 from $4.3 million in the quarter ended March 31, 2016, primarily as a result of impairment of goodwill and brands related to the Hotel Travel Group (HT Group) of $14.6 million, as we decided to significantly reduce our HT Group operations in the quarter ended March 31, 2017 and due to an increase in amortization costs on acquisition-related intangibles following the ibibo Group acquisition.

Results from Operating Activities . As a result of the foregoing factors, our results from operating activities were a loss of $75.3 million in the quarter ended March 31, 2017 as compared to a loss of $34.5 million in the quarter ended March 31, 2016. Excluding the effects of our employee share-based compensation costs, impairment of intangible assets and amortization of acquisition related intangibles for the fourth quarter of both fiscal years 2017 and 2016, and merger and acquisitions related expenses for the fourth quarter of fiscal year 2017, we would have recorded an operating loss of $35.8 million in the quarter ended March 31, 2017 as compared with an operating loss of $29.3 million in the quarter ended March 31, 2016.

Net Finance Income (Cost) . Our net finance income was $2.7 million in the quarter ended March 31, 2017 as compared to a net finance cost of $14.9 million in the quarter ended March 31, 2016, primarily due to higher unrealized foreign exchange gain in the quarter ended March 31, 2017 due to the appreciation of Indian rupee against the US dollar and net loss from change in fair value of derivative financial instrument of $9.0 million and interest expense of $3.4 million on convertible notes in the quarter ended March 31, 2016.

Profit (Loss) for the period . As a result of the foregoing factors, our loss for the quarter ended March 31, 2017 was $73.1 million as compared to a loss of $49.9 million in the quarter ended March 31, 2016. Excluding the effects of employee share-based compensation costs, amortization of acquisition related intangibles, impairment of intangible assets, share of loss of equity-accounted investees, income tax expense for the fourth quarter of both fiscal years 2017 and 2016, net change in fair value of derivative instrument, direct cost related to convertible notes and net change in value of financial liability related to business combination for the fourth quarter of fiscal year 2016, we would have recorded a net loss of $33.1 million in the quarter ended March 31, 2017 and a net loss of $34.1 million in the quarter ended March 31, 2016.

Diluted Earnings (Loss) per share. Diluted loss per share was $0.93 for the quarter ended March 31, 2017 as compared to diluted loss per share of $1.20 in the quarter ended March 31, 2016. After adjusting for employee share-based compensation costs, amortization of acquisition related intangibles, impairment of intangible assets, share of loss of equity-accounted investees, income tax expense for the fourth quarter of both fiscal years 2017 and 2016, net change in fair value of derivative instrument, direct cost related to convertible notes and net change in value of financial liability related to business combination for the fourth quarter of fiscal year 2016, diluted loss per share would have been $0.42 in the quarter ended March 31, 2017, compared to diluted loss per share of $0.82 in the quarter ended March 31, 2016.

Fiscal 2017 Full Year Financial Results

Revenue . We generated revenue of $447.6 million in the year ended March 31, 2017, an increase of 33.2% (36.1% in constant currency) over revenue of $336.1 million in the year ended March 31, 2016.

Air Ticketing. Revenue from our air ticketing business increased by 51.6% (55.2% in constant currency) to $118.5 million in the year ended March 31, 2017 from $78.2 million in the year ended March 31, 2016. Our revenue less service costs increased by 55.1% (58.8% in constant currency) to $118.5 million in the year ended March 31, 2017 from $76.4 million in the year ended March 31, 2016. In the year ended March 31, 2017, we recognized incremental revenue of $9.2 million based on quarterly evaluation of trends of refund rights exercised by our customers along with a change in the estimate for provisions for cancelled tickets pursuant to confirmation from vendors. Net revenue margin for the year was 7.7% and excluding the incremental revenue would have been 7.1% compared to 6.0% in the previous year. Excluding incremental revenue, revenue and revenue less service costs increased by 43.0% (46.4% in constant currency). This growth was driven by a year on year increase of 34.8% in air ticketing transactions for the full fiscal year and an increase in gross bookings of 21.1% (24.0% in constant currency) to $1.5 billion in the year ended March 31, 2017 from $1.3 billion in the year ended March 31, 2016 along with the consolidation of the ibibo Group.

Hotels and Packages. Revenue from our hotels and packages business increased by 24.8% (27.5% in constant currency) to $314.3 million in the year ended March 31, 2017 from $251.7 million in the year ended March 31, 2016. Our revenue less service costs increased by 62.3% (65.5% in constant currency) to $140.3 million in the year ended March 31, 2017 from $86.5 million in the year ended March 31, 2016. This growth was due to an increase in gross bookings by 31.7% (34.3% in constant currency) and a 119.1% increase in the number of transactions along with the consolidation of the ibibo Group. Our net revenue margins improved from 15.3% in the year ended March 31, 2016 to 18.8% in the year ended March 31, 2017. The increase in net revenue margin in the year ended March 31, 2017 was mainly driven by increasing mix of standalone hotels bookings as a percentage of overall transactions.

Other Revenue. Our other revenue increased to $14.8 million in the year ended March 31, 2017 from $6.2 million in the year ended March 31, 2016, primarily due to the contribution of bus ticketing revenue from the ibibo Group consolidation and an increase in facilitation fees on travel insurance.

Total Revenue less Service Costs. Our total revenue less service costs increased by 61.9% (65.4% in constant currency) to $273.7 million in the year ended March 31, 2017 from $169.0 million in the year ended March 31, 2016. This growth resulted from a 62.3% (65.5% in constant currency) increase in our hotels and packages revenue less service costs, an increase of 55.1% (58.8% in constant currency) in our air ticketing revenue less service costs and increase in other revenue.

Personnel Expenses . Personnel expenses increased by 50.4% to $73.7 million in the year ended March 31, 2017 from $49.0 million in the year ended March 31, 2016. This increase was primarily due to higher share based compensation costs primarily relating to the ibibo Group acquisition, annual increase in wages and some growth in employee headcount mainly in hotels and packages business. The share based compensation costs also includes a one-time charge of $9.0 million as part of the ibibo Group acquisition. Excluding employee share-based compensation costs, personnel expenses as a percentage of net revenue decreased by 3.8% year over year in the year ended March 31, 2017.

Marketing and sales promotion expenses. Marketing and sales promotion expenses increased by 106.0% to $224.4 million in the year ended March 31, 2017 from $109.0 million in the year ended March 31, 2016, primarily as a result of significant customer inducement/acquisition programs expenses incurred to accelerate growth in our standalone hotel booking business along with an increase in mobile application download and referral cost and other brand advertisement expenses that we incurred in the fiscal year ended March 31, 2017 contribution of marketing and sales promotion expenses of the ibibo Group.

Other Operating Expenses. Other operating expenses increased by 20.1% to $81.6 million in the year ended March 31, 2017 from $67.9 million in the year ended March 31, 2016, primarily as a result of an increase in legal and professional expenses of $7.7 million and payment gateway charges of $2.2 million, in line with the growth in our business and contribution of other operating expenses of the ibibo Group. Other operating expenses for the year ended March 31, 2017 also includes merger and acquisition related expenses of $6.0 million in the year ended March 31, 2017 compared to $0.2 million in the year ended March 31, 2016, comprising legal and professional expenses, other expenses associated with our acquisition of the ibibo Group and certain non-routine transactions, whether or not consummated.

Depreciation, Amortization and Impairment.  Our depreciation, amortization and impairment expenses increased to $29.7 million in the year ended March 31, 2017 from $10.9 million in the year ended March 31, 2016, primarily as a result of impairment of goodwill and brands related to the HT Group of $14.6 million, as we decided to significantly reduce our HT Group operations in the quarter ended March 31, 2017 and due to an increase in amortization costs on acquisition-related intangibles following the ibibo Group acquisition.

Results from Operating Activities . As a result of the foregoing factors, our results from operating activities was a loss of $135.4 million in the year ended March 31, 2017 compared to a loss of $66.8 million in the year ended March 31, 2016. Excluding the effects of our employee share-based compensation costs, merger and acquisition related expenses, impairment of intangible assets and amortization of acquisition related intangibles for both fiscal years 2017 and 2016, and income on license acquired for fiscal year 2016, we would have recorded an operating loss of $83.7 million in the year ended March 31, 2017 compared with an operating loss of $50.1 million in the year ended March 31, 2016.

Net Finance Income (Costs) . Our net finance income was $27.0 million in the year ended March 31, 2017 as compared to a net finance cost of $18.7 million in the quarter ended March 31, 2016, primarily due to the net gain from change in fair value of derivative financial instrument of $42.4 million in the year ended March 31, 2017 compared to net loss from change in fair value of derivative financial instrument of $9.0 million in the year ended March 31, 2016 relating to convertible notes outstanding.

Profit (Loss) for the year . As a result of the foregoing factors, our loss for the year ended March 31, 2017 was $110.3 million as compared to a loss of $88.5 million in the year ended March 31, 2016. Excluding the effects of our employee share-based compensation costs, merger and acquisition related expenses, amortization of acquisition related intangibles, impairment of intangible assets, net change in fair value of derivative instrument, income tax expense, net change in value of financial liability in business combination, share of loss of equity-accounted investees for both fiscal years 2017 and 2016, income on license acquired, impairment in respect of an equity accounted investee and direct cost related to convertible notes, for fiscal year 2016 we would have recorded a net loss of $99.2 million in the year ended March 31, 2017 as against a net loss of $58.3 million in year ended March 31, 2016.

Diluted Earnings (Loss) per share. Diluted loss per share was $2.09 for the year ended March 31, 2017 as compared to loss per share of $2.12 in the corresponding prior fiscal year. Adjusted for our employee share-based compensation costs, merger and acquisition related expenses, amortization of acquisition related intangibles, impairment of intangible assets, net change in fair value of derivative instrument, income tax expense, net change in value of financial liability in business combination, share of loss of equity-accounted investees for both fiscal years 2017 and 2016, income on license acquired, impairment in respect of an equity accounted investee and direct cost related to convertible notes for fiscal year 2016, diluted loss per share would have been $1.88 in the year ended March 31, 2017 as compared to diluted loss per share of $1.40 in the year ended March 31, 2016.

Liquidity . As of March 31, 2017, the balance of cash and cash equivalents and term deposits on our balance sheet was $197.4 million. Further, on May 5, 2017, the Company from a private placement equity transactions with certain existing and new investors raised a gross proceed of $330 million.

Conference Call

MakeMyTrip will host a conference call to discuss the Company’s results for the quarter and year ended March 31, 2017 beginning at 10:00 a.m. EDT on May 19, 2017. To participate, please dial + 1-(844)-883-3862 from within the U.S. or +1-(574)-990-9829 from any other country. Thereafter, callers will be prompted to enter the participant passcode 19192814. A live webcast of the conference call will also be available through the Investor Relations section of the company’s website at http://investors.makemytrip.com .

A telephonic replay of the conference call will be available for one month by dialing +1-(855)-859-2056 and using passcode 19192814. A one month replay of the live webcast will also be available at http://investors.makemytrip.com , shortly following the conclusion of the call.

About Non-IFRS Financial Measures

As certain parts of our revenues are recognized on a “net” basis and other parts of our revenue are recognized on a “gross” basis, we evaluate our financial performance based on revenue less service costs, which is a non-IFRS measure, as we believe that revenue less service costs reflects more accurately the value addition of the travel services that we provide to our customers. The presentation of this non-IFRS information is not meant to be considered in isolation or as a substitute for our consolidated financial results prepared in accordance with IFRS as issued by the IASB. Our revenue less service costs may not be comparable to similarly titled measures reported by other companies due to potential differences in the method of calculation.

Constant currency results are financial measures that are not in accordance with IFRS, and assume constant currency exchange rates used for translation based on the rates in effect during the comparable period in the prior fiscal year.

The Company believes that adjusted operating profit (loss), adjusted net income (loss), adjusted diluted earnings (loss) per share and change in constant currency are useful in measuring the results of the Company. The Company believes that its current calculations of adjusted operating profit (loss), adjusted net income (loss), adjusted diluted earnings (loss) per share and change in constant currency represent a balanced approach to adjusting for the impact of certain discrete, unusual or non-cash items which are useful in measuring the results of the Company and provide investors and analysts a more accurate representation of its operating results. The Company believes that investors and analysts in its industry use these non-IFRS measures to compare the Company and its performance to that of its global peers.

The IFRS measures most directly comparable to adjusted operating profit (loss), adjusted net income (loss) and adjusted diluted earnings (loss) per share are results from operating activities, profit (loss) for the period and diluted earnings (loss) per share, respectively. The Company believes that adjustments to these IFRS measures (including employee stock compensation costs, expenses such as amortization of acquisition related intangibles (including trade name, customer relationship and non-compete), merger and acquisition related expenses, impairment of intangible assets, share of loss of equity-accounted investees, net change in the fair value of derivative financial instruments, interest expense on financial liabilities measured at amortized cost, net change in value of financial liability related to business combination, direct cost related to convertible notes, income on license acquired, impairment in respect of an equity accounted investee and income tax expense) provide investors and analysts a more accurate representation of the Company’s operating results.

A limitation of using adjusted operating profit (loss), adjusted net profit (loss) and adjusted diluted earnings (loss) per share instead of operating profit (loss), net profit (loss) and earnings (loss) per share calculated in accordance with IFRS as issued by the IASB is that these non-GAAP financial measures exclude a recurring cost, namely share-based compensation. Management compensates for this limitation by providing specific information on the IFRS amounts excluded from adjusted operating profit (loss), adjusted net profit (loss) and adjusted diluted earnings (loss) per share.

Safe Harbor Statement

This release contains certain statements concerning the Company’s future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company’s current expectations, assumptions, estimates and projections about the Company and its industry. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “will,” “project,” “seek,” “should” and similar expressions. Such statements include, among other things, quotations from management as well as MakeMyTrip’s (MMYT) strategic and operational plans. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the slow-down of economic growth in India and the global economic downturn, general declines or disruptions in the travel industry, volatility in the trading price of MMYT’s shares, MMYT’s reliance on its relationships with travel suppliers and strategic alliances, failure to further increase MMYT’s brand recognition to obtain new business partners and consumers, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in India and overseas, failure to successfully develop MMYT’s corporate travel business, damage to or failure of MMYT’s infrastructure and technology, loss of services of MMYT’s key executives, and inflation in India and in other countries. These and other factors are more fully discussed in the “Risk Factors” section of MMYT’s 20-F dated June 14, 2016, filed with the United States Securities and Exchange Commission. All information provided in this release is provided as of the date of issuance of this release, and MMYT does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About MakeMyTrip Limited

MakeMyTrip Limited is India’s leading travel company. We own and operate well recognized online brands, including MakeMyTrip.com, goibibo.com, RightStay.com and redbus.in. Our comprehensive products and services allow customers to research, plan and book a wide range of travel services and products in India as well as overseas. Our services and products include air ticketing, hotel and alternative accommodations bookings, holiday planning and packaging, rail ticketing, intercity bus ticketing, car hire and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing.

We provide our customers with access to all major domestic full-service and low-cost airlines operating in India and all major airlines operating to and from India, over 40,000 hotels, 13,500 alternative accommodation properties in India and more than 240,000 hotels and properties outside India, Indian Railways and all major Indian bus operators.

For more details, please contact:

Jonathan Huang

Vice President - Investor Relations

MakeMyTrip Limited

+1 (917) 769-2027