MICE Affairs Media Group, News Bureau, 16th Aug 2026
Revenue rises to ₹145 crore from ₹22 crore; PAT increases to ₹6.10 crore from ₹1.56 crore
Mach Travel Solutions Limited has announced a strong financial performance for the first quarter of FY27, reporting a 538% year-on-year growth in revenue, with turnover increasing to approximately ₹145 crore, compared with ₹22 crore in Q1 FY26.
The company also reported a significant 306% year-on-year growth in Profit After Tax (PAT), which rose to approximately ₹6.10 crore, compared with ₹1.56 crore in the corresponding quarter last year.
The strong performance comes as MACH continues its transformation from a predominantly MICE-focused organisation into a diversified, technology-enabled travel solutions platform spanning Corporate Travel, MICE, B2B, Leisure and Government & Institutional Projects.
Under the leadership of Joint Managing Director Kaushik Ghosh, the company is strengthening its growth strategy and expanding across multiple travel verticals, with a focus on scaling operations, technology integration and building a broader customer ecosystem.
During Q1 FY27, MACH continued execution of major programmes, including the approximately ₹92-crore Punjab Yatra programme covering around 1.85 lakh yatris, as well as MICE programme wins across Oceania valued at approximately ₹32 crore and involving around 950–1,000 delegates.
The company also onboarded 100+ corporate travel clients since April 2026, while continuing to strengthen its technology-enabled Corporate Travel Management offering.
MACH is expanding its presence across India, with offices in Noida, New Delhi, Ahmedabad, Mumbai, Kolkata, Bengaluru and Bhubaneswar, alongside a growing global MICE execution footprint.
The Q1 results mark a significant growth phase for MACH as it broadens its business beyond its traditional MICE base and builds a diversified travel solutions platform. The company has indicated that it enters the coming quarters with a strong pipeline across its key business verticals and encouraging visibility for continued growth.