Easy Trip Planners Limited — Updates, 14-02-2025: Press Release
EaseMyTrip has reported solid financial performance for Q3 FY25, with Revenue from Operations reaching ₹1,506 million, EBITDA at ₹510 million (33.2% margin), and Profit After Tax (PAT) of ₹336 million (21.9% margin). This reflects a quarter-on-quarter growth of 21% in EBITDA and 30% in PAT. The Gross Booking Revenue hit ₹21,489 million, driven by a 172% year-on-year surge in hotel night bookings and a 32% increase in bookings for trains, buses, and others.
The company is strategically expanding its business, having acquired Planet Education Australia to enhance its footprint in the growing study tourism sector, which is projected to thrive in the coming years. EaseMyTrip continues to pursue both online and offline expansion, establishing new franchise locations while enhancing corporate travel solutions through initiatives like the launch of a dedicated travel management platform, EMT Desk.
The company is leveraging partnerships, including collaborations with BNZ Green for eco-friendly travel and integrations with platforms like OLX India for increased booking convenience. These strategic moves, alongside robust marketing campaigns, position EaseMyTrip for continued growth and brand exposure in the competitive travel market. The outlook remains positive as the company capitalizes on emerging opportunities in both domestic and international markets.
