EaseMyTrip Net Profit Increases 31% To Rs 33.93 Cr

Travel booking platform EaseMyTrip Planners released its financial results on Tuesday reported a 31 per cent rise in its consolidated profit after tax to Rs 33.93 crore in June 2024 quarter.

 It reported a profit after tax (PAT) of Rs 25.90 crore in the same quarter of the last financial year.

The company's total income increased to Rs 156.22 crore in the April-June period, from Rs 126.64 crore a year ago, showed a regulatory filing. Gross Booking Revenue from Hotels and Holiday Packages increased by 116.6 per cent Y-o-Y to Rs 2,107 million.

However, its total expenses also rose to Rs 109.03 crore during the quarter, as against Rs 91.56 crore in the corresponding period of the previous fiscal.
Talking about (EBIDTA) grew by 34.9 per cent Y-o-Y to Rs 505.9 million.

In its Dubai operations company registered  139 per cent year-on-year increase to INR 1,267 Mn in Gross Booking Revenue, as per media reports.

EaseMyTrip is an Indian online travel company, headquartered in New Delhi, founded in 2008 by Nishant Pitti, Rikant Pitti, and Prashant Pitti. The company provides hotel bookings, air tickets, domestic and international holiday packages, bus bookings, and white-label services