NewKerala.com

Key Points

EaseMyTrip faced a significant decline in its Q4 net profit, with figures dropping by over 59% quarter-on-quarter. Revenue from operations also saw a decrease of approximately 7%, reflecting a sluggish growth trajectory. Notably, air ticketing, the company's largest revenue driver, experienced a steep 28% drop in revenue compared to the previous fiscal period. Despite these setbacks, EaseMyTrip managed to post a profit before tax, reflecting a marginal improvement from the same quarter last fiscal year.

Key Points: EaseMyTrip Reports 59% Drop in Q4 Net Profit

  • EaseMyTrip Q4 net profit plummets to Rs 13.9 crore
  • Revenue decreases by 7% to Rs 139 crore
  • Total expenses surge by nearly 22% YoY
2 min read

EaseMyTrip sees sharp 59 pc sequential drop in Q4 net profit, revenue slips

EaseMyTrip Q4 net profit drops 59% to Rs 13.9 crore, revenue declines 7% to Rs 139 crore.

"Despite the quarterly dip, the company posted a profit before tax of Rs 12 crore. - Regulatory Filing"

Mumbai, May 31

Online travel aggregator (OTA) EaseMyTrip has reported a sharp decline in its net profit for the fourth quarter (Q4) of FY25, as earnings fell by over 59 per cent quarter-on-quarter (QoQ) compared to the previous quarter (Q3 FY25).

Nishant Pitti-run company's net profit after tax (PAT) stood at Rs 13.9 crore in Q4 FY25, down from Rs 34 crore in Q3 FY25, according to its stock exchange.

The company also witnessed a drop in revenue from operations, which fell to Rs 139 crore in Q4 FY25 from Rs 150 crore in Q3 FY25 -- a decrease of approximately 7.33 per cent.

Compared to the same quarter last year (Q4 FY24), revenue dropped by 15 per cent from Rs 164 crore.

This suggests that growth for the online travel platform remained sluggish on the quarterly basis.

Total income during the quarter also fell by 6.54 per cent to Rs 143 crore, while total expenses surged by nearly 22 per cent to Rs 130.9 crore in Q4 FY25 from Rs 107.5 crore in the previous quarter.

For the full fiscal year FY25, EaseMyTrip’s revenue remained almost flat at Rs 587 crore, compared to Rs 590 crore in FY24.

Meanwhile, total expenses for the year increased to Rs 460 crore, as per its regulatory filing.

Air ticketing, which remains the company’s core revenue driver contributing 68 per cent of overall revenue, saw a 28 per cent drop to Rs 94 crore in Q4 FY25 from Rs 132 crore in the same period previous fiscal (Q4 FY24).

Hotel packages contributed 16.5 per cent of revenue, bringing in Rs 23 crore.

Despite the quarterly dip, the company managed to post a profit before tax of Rs 12 crore in Q4 FY25, compared to a loss of Rs 17 crore in Q4 FY24.

On an annual basis, profit before tax was largely stable, coming in at Rs 143 crore in FY25 versus Rs 142 crore in FY24.

EaseMyTrip’s stock ended the last trading session at Rs 11.28, up 0.71 per cent, giving the company a total market capitalisation of Rs 3,997 crore.

- IANS

Share this article:

Reader Comments

R
Rahul K.
Not surprising at all! The travel industry has been facing headwinds with rising airfares and people cutting discretionary spending. EaseMyTrip needs to diversify beyond air ticketing - their hotel packages contribution is still too small. Maybe focus on domestic tourism packages? 🏖️
P
Priya M.
Used EaseMyTrip last month for Goa trip. Their interface is good but customer service needs improvement. Had flight timing change and it took 2 days to get refund processed. Maybe their rising expenses are going into marketing rather than service quality? Still better than some competitors though.
A
Amit S.
The 28% drop in air ticketing revenue is concerning since that's their main business. With airlines like Indigo and Air India improving their direct booking platforms, OTAs need to offer more value. Maybe better loyalty programs or bundled insurance could help?
S
Sunita R.
As a shareholder, I'm worried about the rising expenses. 22% QoQ increase is too much when revenues are falling. Management should explain where this money is going. The annual PBT being stable is some consolation but need better cost control. #TransparencyNeeded
V
Vikram J.
Honestly, I prefer booking directly with airlines now. Most give same prices as aggregators plus better mileage points. Unless EaseMyTrip starts offering significant discounts or cashbacks, why pay middleman commission? They need to reinvent their business model.
N
Neha P.
The travel market is getting crowded with new players like Ixigo going public. EaseMyTrip was early but seems to be losing momentum. Maybe they should focus on niche segments like pilgrimage tours or adventure travel where they can charge premium commissions.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50