Easy Trip Planners Pvt Ltd operating under the brand name EaseMyTrip, reported a 9.5% year-on-year (YoY) increase in after-tax profit in the third quarter of fiscal year 2023-24.
The company’s Q3 revenue was reported at Rs 160 crore with a profit of Rs 45.7 crore. Revenue was up by 18.1% from Rs 136 crore earned in the same time last year. The overall booking revenue for the quarter was Rs 2,026 crores. During the quarter, the platform processed a total of 22.6 lakh air tickets, 91,915 hotel room bookings and 2.7 lakh other reservations.
Nishant Pitti, co-founder and CEO Easy Trip Planners commented “In Q3 FY24, we diversified our portfolio by purchasing a 13% share in ECO Hotels and Resorts and signing an MOU with the Uttarakhand government. We have launched “Explore Bharat” to highlight India’s rich legacy to international tourists, as well as EasyDarshan, which offers hassle-free pilgrimage packages. Our special subscription service, the EaseMyTrip Platinum, Gold, and Silver Cards, provides HNIs with luxurious travel experiences.”
