Mach Travel Solutions shares rose as much as 7% on the BSE on Thursday, defying a weak broader market, after the travel services company posted sharp April-June earnings growth and pointed to expanding momentum beyond its traditional MICE business. The stock touched Rs 190 intraday against Wednesday's close of Rs 171 after the company reported Q1 FY27 net profit of Rs 6.17 crore, up 307% year on year from Rs 1.52 crore, while revenue from operations climbed 538% to Rs 144.33 crore from Rs 22.62 crore. EBITDA, including other income, stood at Rs 8.92 crore, with an EBITDA margin of 6.09%, and gross merchandise value, or GMV, reached about Rs 252 crore in the first quarter the company disclosed that metric. Formerly known as Mach Conferences & Events Limited, the company said growth is being supported by corporate travel, B2B, leisure and government and institutional projects alongside MICE, while it also continues to build a B2C online travel agency, or OTA, platform. Management said more than 100 corporate travel clients have been onboarded since April 2026, major government and institutional projects in India are continuing, and a strong pipeline across business verticals offers encouraging visibility for coming quarters.